Sarissa Resources Inc (SRSR)

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On September 2, 2011, the Wall Street Journal reported that a consortium of five Chinese State Owned Companies bought a 15% interest in CBMM for US$1.95 BILLION IN CASH.

http://online.wsj.com/article/SB10001424053111904583204576546890451706256.html

IMO, this is evidence that the Chinese see real value in Niobium sources and are willing to back it up with piles of cash.

In 2012, Chinese steel production was over 700 Mtonnes and rising. Demand for stronger steel is rising because the strength makes steel projects less expensive – and niobium is what is needed to MAKE STEEL STRONGER.

Every dollar the Chinese invest in niobium is likely to pay multiple dollars back in steel revenue. They paid billions to lock up part of a proven resource. They would not do that if they didn’t see demand.

IMO, patience is the key here. Do your own DD and you will find out that the negative arguments are thin. The strong arguments are not being made.

Simple web searches reveal that, just like the high concentration Niobium Ore at Nemegosenda, the information on Niostar value is RIGHT ON THE SURFACE.