Replies to post #28566 on Sarissa Resources Inc (SRSR)

[downsideup]

I think the focus on REE values is the source of the delays that are a cause of much pointless anxiety here. Need to do things a little bit differently to properly and accurately quantify the REE potential... and I'd include in that: an evaluation of REE data that is "compliant" might not be as important as one which doesn't hit the media as news, but that does a much better job of informing your choices in development. And I'll leave it there.

It is obviously the case that there will be differences of opinion here between short term traders slavering over the need for an immediate PR to fuel MO... and investors who are looking at SRSR to develop on business development time lines, and expecting to see results on the time lines you consider in developing a real business. The two interests aren't fully incompatible... trading opportunities shouldn't be ignored by investors accumulating shares for the long term pay off... but, neither should the management of a business make business decisions based only on the short term impact on share prices. It is winning the marathon, not a sprint, that management needs to consider in optimizing choices.

Time lines here? Obviously, some short term interest tied to news about drilling, news tied to incremental progress as results of the drilling effort begin to become available from the lab, more tied to a finished compliant assessment of the resource. I don't expect massive fireworks based on or tied to any of those events. Complaint or not, most here likely already have a guess about what the resource will prove to be... in extent and value... and a lot of expectation is already built into the share price.

It isn't like news of what the compliant resource IS will be just dropped in your lap from out of left field... ??? Otherwise, the price seems as tied to larger market focus as any other explorer... and commodities are not all that hot after the commodity bubble popped... although, the commodity bubble popping, paired with the downdraft in the stock market, does mean buying opportunities exist...

Longer term focus will be more usefully tied to planning to move from exploration into JVs or some other means of moving toward mine development and production. I have no idea what sort of drive we will see in that effort after there is a compliant report... but, I don't think you should be expecting deals for mine development to happen within days, weeks or months of the compliant report.