Sarissa Resources Inc (SRSR)

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IAG's Niobium 101 is a good, easy to understand resource that puts many recently voiced worries to rest. A little bit of research will cure a pile of worry.

http://www.iamgold.com/English/Operations/Operating-Mines/Niobec-Niobium-Mine/Niobium-101/default.aspx

For instance – worrying about cut-off grade is probably not valid given that, according to the above document, the base commodity price more than doubled between 2006 and 2010 and is working on doubling again. The increasing price is due to increasing demand and tight supply, these facts have been discussed in detail here and on other sites. The details of the discussion can be found using simple search tools and a couple hours of time.

If anything, IMO the higher commodity prices justify lower cutoff grades and INCREASE the size and value of the deposit.

In addition, recent advances in processing and separation have greatly increased the extraction efficiency of the ore from the gangue. These tech advances are being driven by the REE race, but many apply to Nb as well.

As far as applications – automobiles will be built with lighter HSLA steel, allowing an equally strong body with less material and better fuel economy. Automobiles are neither luxury or futuristic. Many of the manufacturers who are using aluminum currently are looking at changing to HSLA steel because it is more ductile and techniques to machine and join it are well established. You can find a ton of articles and blogs online that will back this up.

All opinions.