Sarissa Resources Inc (SRSR)

[supermegadope]

$41 million into Globe Metals and Mining to fund the feasibility study for their niobium property in Africa. That property is pretty clearly not as large or as well situated as Nemegosenda... and Nemegosenda is farther along, too, given the history of exploration and the mineralogical studies that have already been done. While I like the SRSR property better, Globe's deal is also not the deal I'd want, since the Chinese are taking a 51% interest for their money

So if Nemegosenda is bigger, better and further along than Globe's property how is it they were able to get $41M for 51% and Scott was only able to get half that offered by the SOE? Is it the property that is the problem or Scott's negotiating skills?

Also why the big change of position since not wanting the Globe deal because the Chinese were taking 51% but when Scott gave up 51% it was a great move?