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Re: None

Sunday, 01/23/2011 10:43:31 PM

Sunday, January 23, 2011 10:43:31 PM

Post# of 165855
For those that are hoping that Scott will JV with Teck Resource Ltd. to get Sarissa and Nio-Star up and running, I don't think that will ever happen. Why? Because I believe that Scott is the family renegade and wants to prove that he can do it himself. Otherwise, he would have accepted a cushy job with the family business like his father and brother. He is more like his grandfather who started the business.

If you want to know where Scott is going with Sarissa, all you need to do is look at Teck Resources the company his grandfather started. He wants to equal or surpass Teck. Call it family rivalry if you like.

Teck Resources Limited (Teck), formerly Teck Cominco Limited operates in five segments: copper, coal, zinc, energy and corporate. Its subsidiaries include:
1. Teck Metals Ltd. (Teck Metals),
2. Teck American Inc. (TAI),
3. Teck Alaska Inc. (TAK),
4. Teck Highland Valley Copper Partnership (Highland Valley Copper),
5. Teck Coal Partnership (Teck Coal),
6. Compania Minera Teck Quebrada Blanca S.A. (Quebrada Blanca), and
7. Compania Minera Teck Carmen de Andacollo (Andacollo).

The company stats are as follows: (as of Jan. 21/11)
1. Mkt cap 34.85B
2. Shares 589.62M
3. Share price 59.11
4. P/E 18.03
5. Vol / Avg. 5.36M/2.66M
6. 52 week 28.37 - 65.37

If and when Scott pulls off the next few steps in getting Nio-Star up and running, and from what we know so far from the chart, Sarissa will blow right past Teck.

So, you can rewrite the Teck description as follows:

Sarissa Resources Inc. operates in XXX segments: Niobium etc. etc. Its subsidiaries include:
1. Nio-star (Nemegosenda),
2. Shining -Star (Shingtree),
3. Death-Star (Deadmouse) (Tongue in Cheek)
If everything goes as planned, this can be one heck of an elevator ride.

JMO. Now your turn at kicking the can.