Replies to post #141597 on Sarissa Resources Inc (SRSR)

[sage4]

A new speculation is born?

[webpence]

"No significant barriers to extraction. " - SGS

"Confirms the earlier work" -Patrick Chance

"Both processes are demonstrably operable and appear capable of producing high purity niobium metal powder for a total cost of less than $13 / kg at a 1000 tpy (ibid.)" Chance's NI report

PROCESS FOR RECOVERY OF NIOBIUM FROM ORES IN ASSOCIATIONS. WITH ALKALINE EARTH METALS 

B. J. LERNER. March 13, 1962 

www.google.com/patents/US3025157.pdf 

"Dominion Gulf carried out metallurgical testingof material derived from the Chewett 
Township deposits. Work appears to have focused on the D Zone completing conventional 
(physical liberation and concentration) tests with disappointing results and developing two 
hyrdometallurgical [chemical] extraction processes (chlorination and phosgenation) before 
halting the project in 1962 (Lerner, 1962). " 

[Tar sands]

It certainly is possible however I am of the opinion that the fact that the Public entity is in such a "shoddy" condition plays a significant factor. Along with this aspect is the likely belief among Financial groups, individuals and others that the Makeup of the Management Group is not capable in advancing a potential Project of this type. It has been seven plus years that Sarissa has been trying to establish a Corporate foothold / foundation and had been unable to do so. Simply said the Market is tried and disbelieving of the storyline and any interest has disappeared.

The Company needs a new structure, serious Management added and a storyline that will be accepted. Anything short of that will in my opinion bring about just more of the same experience as the last seven years had brought.

[dmbao]

interesting theory. It was viable at less than $3 in production costs in the BJ Lerner "The Dominion Gulf Columbium Process - An analysis of Process and Economics" written August 31, 1962.

Certainly this wasn't a complete study and occurred years ago. Also the reductive phosgenation process (which was cheaper) nor the chlorination process are the cutting edge today but it provides significant insight to the viability.

I am not aware that either the Elk Creek project nor the Panda Hill has competed this type of detailed economic analysis to date.

While your opinion may be right the evidence I have read strongly disagrees with your analysis.