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Re: hispeedsoul post# 131164

Saturday, 03/23/2013 7:26:01 PM

Saturday, March 23, 2013 7:26:01 PM

Post# of 165854
They say that the bottom of the financing cycle will trim the weaker juniors out of the market. The juniors that will disappear are the ones with big claims but no real value. They say that anyone who has ever "climbed over a few rocks" has experienced this.

But listen to how they define value:

1. The banks back the horse, not the deposit.

Check. Sarissa has Scott Keevil, an established and trusted name. I believe the geologists at PDAC over the naysayers. Scott is Sarissa's most valuable asset.

2. The best deposits are outcropping

Check. High grade Niostar Niobium is located on the surface.

3. The best deposits are in stable countries where the rules don't change.

Check. Ontario is business and mining friendly. The rules are well established. Regulation demands honesty. What you see is what you get. Maybe the BEST place in the world to invest in a mine.

4. The deposit can't displace or destroy existing infrastructure.

Check. There are no farms, no tribes, no existing development that would be displaced

5. The deposit must be easily accessible.

Check. Nemegosenda is located near existing roads and would be efficient and relatively inexpensive to build out.

To me, the video backs up that Neme is what these geologists refer to as a 'hidden gem'. If 600 Juniors disappear, it will probably just trim the competition.

No wonder Scott has multiple suitors and the SOE tripping over themselves to complete a beneficiation study.