Replies to post #147325 on Sarissa Resources Inc (SRSR)

[es1]

Yes I agree as well as cause a bit of buyers anxiety.

The report is PRd and they either have to read it to decide if they wish to buy based on the info or buy before reading and hope it is going to cause a bump.

I personally agree with Dan that the 43-101 will not cause much of a bump but it certainly should encourage buying since it is a sign of life.

I will say I am amazed that this report and the 2010 report are written by the same guy. The newer one looks so much more professional.

After looking through it I think it really doesn't say much that was different from the last one. Which we expected.

There were 2 things I saw which concerned me a bit. One of which is they need to verify that the 1950s drilling was done accurately on the grid. I did not know this could be an issue. I also don't know what happens to the data from all the holes if they find the grid was inaccurate.
I assume nothing major other than the adjustment of data would come from it but I really don't know how that would work.

The only other line I had not seen before that bothered me was...

Nemegosenda Lake also supports a commercial outfitting operation and is also a canoe route. First Nations have indicated that cultural and traditional values exist on the current property

This is a major issue with me. I have seen too many companies in Canada get stuck because of first nation historical property.
If they get stuck making an HIA report or have a first nation decide they don't want a mine there then SRSR is done. The first nations in Canada will always win in these battles.

I was under the impression that the first nations were OK with SRSRs site. This doesn't say they are not but it does say that if they decide to throw a wrench in the works they can.

From what I gather the next step is raising about $1M for the next phase.
That cant happen until they have something to dilute with so IMO the next move needs to be the RS to Niostar and the listing on the OTC/CSE. That gives them the needed shares to raise the capital needed.
I wonder if Dan has the funding needed to list and get a PEA without the dilution?
If he does, that is the way to go. The PEA will cause a decent (if temporary)spike. They would be able to sell the shares into that PPS and raise the money needed on a lower dilution.

Think we have a few months to sort it out before it happens.

[sage4]

There's also a theory that Friday PR's are better cause people need to digest during the weekend first. According to what you said all good PR's in the business world should be on Monday?

Even if all PR's of Sarissa haD been on Monday morning, we'd still be here.
It DOES NOT matter. It provides one more feed for naysayers, either way.