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Tar sands

08/18/14 1:16 PM

#141606 RE: dmbao #141604

IMO it is just one persons theory. Certainly not mine but nonetheless a fair comment. One that may be accurate or one that is "off base". Unfortunately speculation comes to the surface when frustration settles in.

Have you had any success in organizing a date for the meeting you had suggested?

seawolf21

08/19/14 8:18 AM

#141623 RE: dmbao #141604

except Panda Hill have attracted a USA based private equity firm funding for the entire project up to a decision to mine, based on a thorough due diligence process of a few months earlier this year. The news flow from Cradle's project on their website is far and away more than Sarissa, you cant even compare the two.

Whereas Sarissa cant get funding to even do a comprehensive updated drilling program to support a 50 year old report based on very little metric data, let alone pay for a lab to conduct met work tests on the drill samples to disclose a flow sheet.

I dont claim to be a know it all i turn and look at the market and i think the market is doing the talking....unless you believe those players backing other projects are incorrect? but their track record i.e. Denham capital $7.8 Bn under management would probably know a thing or two about making a dime.

Just food for thought, take what you will of it.