Replies to post #21305 on Sarissa Resources Inc (SRSR)

[seabreezing]

newklear This is one of the only stocks I have in years that has the potential to surpass your exceptions Just my investing decision assumptions ..bes to you and your decisions on how hou play it seabreezing

[ben392]

Yes, but it may take a few months. I thought it would go to .10 after the Hawk report. I was wrong. Too many flippers with short horizons took the air out of the stock. We will probably have to wait for audited financials, uplisting and/or an announcement that drilling has commenced to hit .10-- but we will hit .10! It is more or less inevitable. We should hit .60-1.00 by the time the resources are verified, imo. Hope that answers your question. :-)

[FlatEarthSoc]

read this post

>> http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29861711

and then tell ME if YOU think it can go above 10 cents.


"You know, Dude, I myself dabbled in pacifism once. Not in 'Nam of course."---Walter Sobchak

[goforthebet]

newklear, I agreee with what is calculated in this post....

share price calculation from sterling

Posted by: stervc Date: Friday, January 18, 2008 2:23:50 AM
In reply to: jim6103 who wrote msg# 7032 Post # of 20794

Jim6103, with SRSR, let it be known…

I have always had the utmost respect for you and your thoughts and the major contributions you have made to this forum. However, when you have any stock with an ”officially confirmed” potential valuation of $4.7 Billion from the Canadian Government, then it’s really going to be hard to be conservative.

The current Market Cap for SRSR is:

.011 x 725,866,058 Fully Diluted OS = $7,984,527

That Niobium property acquired by SRSR now gives us an ”officially confirmed potential” Market Cap of $4.7 Billion.

Now that’s not saying that SRSR is going to capture all of that potential, but that is saying that there is a huge disparity in comparing the SRSR current Market Cap of $7,984,527 with the ”officially confirmed potential” Market Cap of $4.7 Billion. Now consider the post below again.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26076868

Keep in mind that the “Number 1” reason why people buy stocks in the market is because of its potential. I can name a few stocks for examples, but one stock in particular has just gone from the sub-penny range to .185 per share with nearly 10 times less potential valuation and that “potential” valuation wasn’t “officially confirmed” either. Again, SRSR has nearly 10 times that amount of valuation than from that other stock with a nearly the same OS and similar Float.

The 188,000,000 pounds of Niobium is something that I didn’t create or speculate about though. That is factual for ”officially confirmed” potential valuation by the Canadian Government that I did not make up.

No matter how you slice the pieces to the cake, there is nothing conservative about 188,000,000 pounds of Niobium especially since it costs $25 per pound. I’m sorry if I am having a hard time understanding this. Go to CBMM website below to see why going through that website makes it even harder:
http://www.us.cbmm.com.br/

Let me make sure I understand the level of your conservatism of which you are referring. You are saying that out of the $4.7 Billion in valuation, we could see a near-term profit valuation of SRSR equating to a high of 3% of the $4.7 Billion estimated reserves derived as indicated below:

188,000,000 pounds x $25 x .03 = $141,000,000

Then you say that we could then derive an Earnings Per Share (EPS) as indicated below:

$141,000,000 ÷ 725,866,058 Fully Diluted OS = 0.194 EPS

Now, the part that you left off was that the EPS must be multiplied by a PE Ratio to capture the current growth rate for its Sector and Industry that it trades in comparison to like stocks. To keep people from thinking that you are pumping (LOL), I will use 12 as a conservative PE Ratio to derive below:

.194 x 12 Conservative PE Ratio = $2.33 Current Potential Share Price

Ok, I’ll tone it down a bit and go with your thoughts (LOL)!

v/r
Sterling