Replies to post #58443 on Sarissa Resources Inc (SRSR)

[Max Power]

that is a good point dragon, even though this first NI43-101 compliance report will only be on niobium, we know that significant amounts of tantalum and REE's exist in the deposit as well... IN FACT REE's have the HIGHER per ton $$ than does GOLD... 1200 dollars per ton mined is the average for REE's.... we are just scratching the surface here!!!

[Threw-er-back]

I thinks it's VERY interesting in the chart where we are now in that valuation and where were going

[goforthebet]

exactly Dragon.. Onta is only calculating Niobium. Not talking about Gold. REE etc..

[OntaREEo]

dragon, you make a good point. When I came up with the first version of this chart about a year ago, less was known about the property. We thought maybe $10B - $20B in Niobium, and perhaps another $10B in REEs, again being conservative. We now have better numbers. We think the Nb alone could be $30B, and the REEs might be another $20B - $30B more. So in reality, my yellow box could be extended downward. I had not focused on that area of the chart in some time. But at the same time, I am not sure much is gained at this point by claiming a .12 stock is going to $10. The long holders would understand it, but it would strike any newbies as incredulous.