Sarissa Resources Inc (SRSR)

[jpp09]

The reason it is at .02 to .03 is because .020 is the price the last 150+ million shares have gone for in private placements/flow thrus. That's simple to understand. Those with the funds to buy millions of shares protect the .02 level. Those who flip have made 50-250% ROI over past 2 years. If shares were sold closer to market maybe the bottom would be higher (of course they may not get anyone to buy at higher price).

If Scott sells 10 million shares next week at .05, I garuntee share price is at .05 or higher the same day. If someone tried to buy 10 million shares on open market we'd be at .10+.

Imagine if the last private placement of 22 million shares was bought instead on the open market...