Sarissa Resources Inc (SRSR)

[dmbao]

The potential of the property isn't in question if you have bothered to do even a minimal of independent due diligence. There is massive amounts of Niobium present and there is information verifying that it can be processed economically.

There are three questions that remain open.

Is there enough demand or concern about supplies of Niobium to justify the investment to bring this to a mine?

Is the cost for SRSR to process the Niobium competitive enough gain market share from others or prevent other development projects from happening. (Mostly dependant on the first question)

and Is the management team capable of making it happen.

IMHO the answer to the first is YES. While supplies in Brazil are plentiful, when a product becomes more widely used end users relying on a monopoly is rare. Also the demand growth makes Brazils mine life much shorter than would have been thought 6 years ago.

IMHO the answer to the second is YES. I can't find any reason to suggest SRSR cost won't be competitive, but information on the subject is limited. IT is my understanding that the SRSR Niobium may be of higher quality than that of CBMM and could fetch a premium price.

IMHO the answer to the third is YES. However with Scott this seems where things are weakest. However its not because of capability IMHO its about real long term thinking. I am confident that money could be had today no problem but it wouldn't be a good deal for shareholders. Scott will will take the path that is best in the long run even if it takes 6 more years to happen. Someone with different goals might find a "fair" JV and get ti done knowing the property would move forward and there is plenty to go around considering the potential here. IMHO Scott would rather more more slowly and keep the entire property for shareholders. That isn't necessarily wrong but not what I would want after waiting 6 years.

ALL IMHO.