Sarissa Resources Inc (SRSR)

[OldeFrothingslosh]

After re-reading the last PR, the slight sell off has started to make some sense to me... besides being ambiguous (like who is HKHE?) a few things popped out at me that I didn't comprehend before. Like in the transfer of assets and appointment of board members it says "...and the finance group will appoint two." So, they are a finance group, not an end user, mining corp., or even any other corporation, like many of us had hoped. The PR states that they hope to "seek listing..." meaning HKHE is not a listed company like an established bank or a brokerage might be. So it's probably quite a small group because the amount of money it can raise is uncertain. Also later in the PR it states that this will give Niostar exposure to "potential financing in China and Hong Kong." This implies to me that HKHE is not big enough to provide further financing beyond pre-feasibility, and financing beyond that is also uncertain.

So, I'm not saying this is all necessarily bad, it may be a very solid stepping stone, but the PR is not especially encouraging when reading between the lines... we all know the market doesn't like uncertainty. Perhaps the director's circular will be more informative, perhaps this is just something we'll have to live with until mineral resources are finally proven up, perhaps after the vote Scott will be more forthcoming with info. Perhaps.