Replies to post #146966 on Sarissa Resources Inc (SRSR)

[Tmartin426]

Exactly, someone is getting scared.

Once Patrick Chance signs off and the interim NI report comes out for CSE and other final information updated, interested parties and contacted investors will see the cost effect value of SRSR vs other ventures. Add to that, a qualified professional BOD, which Sarissa has painfully lacked, and things should set nicely.

[es1]

Well to begin with I did not say that the assets in the ground are gone did I? I simply stated that without money the assets will stay exactly where they are.

what do you think is going to happen to the lawsuit with a PEA and Metallurgy Report showing the Gulf Dominion, Colorado school of mines report, and all the PR's of the past to be accurate?

IMO if the company can produce this the PPS would increase. Obviously. But it wont do a thing to the case. The case is not about the value of SRSR the case is about if Dan misused his power as the controller of the funds.

The person who wanted their money can decide that they are happy now but that would not stop the case from moving forward.

The release of the CSM report in connection to SRSR could finally legally show the world what it says. But I don't know if that is a good or bad thing.

Now what happens to the PPS if these things are shown to be inaccurate?

What is going to happen to the PPS when Dan needs to pay back $200K plus interest and can no longer fund the PEA and drilling?

What happens when they decide that they need a trustee while the case is pending and the trustee doesn't care about the PRs and 70 year old reports and decides the best thing for the fund is to dump the 11M shares at the current PPS and take what they can get?

Thing is we don't have any idea which of these situations will or may happen.

What we do know is that the law suit has every ability to effect this stock in either direction.

It could end up being one of the best things to happen to SRSR. Or not.

But it is silly to pretend it is not going to effect it in the slightest

[es1]

What the plaintiff wants is a return on their investment of .02 per share. We all know and ES1 even admitted this is potentially a multi dollar stock when mining takes place.

What the "plaintiff" wants is no longer an issue. The person that complained and the person suing are not the same person. The "person" suing is not interested in SRSRs share price or if there is any gain.
What they are concerned about is that Dan handled a retirement fund within the law.

Even if the stock went to $500 the suit would continue and if they found that Dan was not allowed to do the things he did he will still pay the penalty

As for the potential to be worth "multi dollar"
Yes that is correct. When the company does everything the way they are supposed to and they have an entire crew mining this site in 3 shifts 5-7 days a week this stock will be worth multi dollars.

That is no less than 10 years and $50M away and most probably 15-20 years if Scott is in charge.

When do I think SRSR will break a buck?

Never

The company will reverse split the stock with shares of the spinout.
The "value" will be around .40 The PPS could see $1 shortly after that issue but the stock will fall from there back to the .20-.40 range if left alone.

Then the dilution can start in conjunction with the resource estimate. Those 2 things will argue over the PPS and I plan on making quite a bit of profit during that fight.

I expect that this will be some time around next year in Q2

I will let you know then if I think it has $$$ in it or not.

For now the shareholders should be very happy if it can break .04 in the next 6-8 months.
I would expect it to return to the 2s in the next 2-3 weeks or so.

IMO if the suit was dropped that alone would bring on 2s.

And just so everyone is aware...

to: [e-mail]
From: Me
Subject: SRSR radio interview

Hello,
I was wondering if you could provide me with information about your recent radio interviews with Dan Byrns from Sarissa Resources.
I would like to know what compensation was paid if any for these 2 radio interviews.
Thank you.


RESPONCE




Today at 2:02 PM

Hi ES

Thanks for the email and sorry for the late response.

There was no compensation for the interview with Dan Byrnes.

Thank you

Quite a delayed response but that is good to hear.

And just so you understand I align with nobody. I say what I think and I say why I think it. When there is good things to say I say them too. It is not my fault that there has been nothing good to say about this stock for 3+ years. The 20/20 hindsight shows that I was correct in most of the things I have stated.
It also shows that the "supporters" of this stock were wrong in their statements.
So do try to remember that if a fact is negative it isn't the person stating the fact that is negative. Trying to pretend that a negative fact is actually a fantasy greatness is what is wrong with this board.

Someone stating that the law suit Dan is in has nothing to do with the company, when the suit itself names the company, and says it intends to investigate company facts, is asking for a rebuttal from someone who is not afraid of the truth.

Just because it is negative does not make it untrue