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OntaREEo

07/12/09 5:29 PM

#55666 RE: webpence #55662

A symbol change in your brokerage account would be completed in a few days.

Zone D is at least 20 million tons, maybe 25-30.

Worse case? You are asking the wrong person. The management is top quality, very conscious of shareholder value, and delivering on all fronts. There is no downside imo from the company. Only downside may be if the general economy and the commodities market tanks, but not too likely.

No one knows until SRSR gets proper recognition, and the NI report (pending any day now) is the first step towards that recognition. If you have not seen them, I will post my price chart next post.

Not familiar with SOHO but someone commented it was not that great of a report, it was not their first, and some sell on the news.

OntaREEo

07/12/09 5:31 PM

#55669 RE: webpence #55662

Here is the price chart, read the footnote below it as well.



OntaREEo

07/12/09 5:32 PM

#55670 RE: webpence #55662

Here is a resource valuation estimate, but focus mostly on the Nb for now.



OntaREEo

07/12/09 5:33 PM

#55672 RE: webpence #55662

Here is the company's timeline:



RedStick

07/12/09 5:41 PM

#55678 RE: webpence #55662

webpence, take a look at my chart. Your third question was about a worst case scenario. From a chartist's perspective, we have two very strong levels of support at .06 and .07. We also have one very new minor level of support at .075. Worst-case scenario in my view is a drop back to .06. But I don't see that happening and if it did, you'd have ample time to sell at .07.

The risk is miniscule while the potential reward is outstanding. A rare and opportunistic combination.

dougthehead

07/12/09 5:44 PM

#55681 RE: webpence #55662

4. Where did you get 10 mil as a market cap? As of July 10 it is approx. $57,504,726 and is that low because they are still proving up the property, that is why the first NI 43-101 report is important, it is being done by professional geologists independant of the company. So, as you can see, Sarissa has alot of room to grow as far as price per share, and as more and more pieces of the property are proven up and more people come to trust that it is what it is I think that is exactly what we will see, upward movement. The only question is the timeline that the events will happen in my opinion, but they have been moving pretty fast in comparison to other junior exploration companies, and that I think is due to the abundance of great work that had already been done in the past. Scott said before this property was like shooting fish in a barrel. They are just going through all the motions right now and doing it right, no hype, just results.

Sorry for the wall of text :)

Dobie Lama

07/12/09 5:48 PM

#55683 RE: webpence #55662

For Zecco, you need to call in your orders on the TSX. This is a bummer as I hope SRSR lands on the TSX. Everything stays the same including number of shares you own.

Worst case scenario eh........the price of niobium, tantalum and the other REE's plummets. Not likely to happen any time soon.

What's critical here is the CEO, his connections to sources of financing, his credibility in the mining community. We have Scott Keevil at the helm. Part of a mining dynasty! This is the real deal my friend!

LowFlyer

07/12/09 5:53 PM

#55685 RE: webpence #55662

Answer to #5--I pulled Soho NI 43 as an example.
A google search for NI 43 yields many reports, (aka)validations for geological sample assays.
Sarissa is unique because it is a "Property of Merit". Quote that in Sarissa's NI 43 report and the days following release will be very interesting. This increases interest, I imagine.
Once again, I just pulled Soho out as an example of NI 43 structure.

jims406ss

07/13/09 6:21 AM

#55716 RE: webpence #55662

ST doesn't do TSX Reason I changed over to TDA