Replies to post #58541 on Sarissa Resources Inc (SRSR)

[LowFlyer]

Nice find!
I love a good quiz.
Not relative to price, but a low #2.

[webpence]

I'd say the anticipatory climb of stage 2 leading to NI report as stage 3.

[MoneyMan]

Great chart.

I say we are at the start of #2. We are just starting to really discover, in the sense that the Zones are not yet fully explored and reported to modern standards. Once Phase 2 drilling is complete, we will see the peak of #2 waiting for a report worth 10X our first.

[Teedlum]

Red, nice find. The entire article can be found at http://www.investmentu.com/miningstocks.html

I've been thinking about this potential lag time between confirmation and production and if there will be a classic "sell on news" behavior following the release of the initial NI report.

In the case of Sarissa, however, I believe the dip referred to in the article might be mitigated by the fact the company will be continuing its confirmation studies on the SE Zone during the same time it is going into production on Zone D. Add to this the gold property development, the anticipated uplisting and size and location of the niobium find and we might see a leveling of this post confirmation dip mentioned in the study.

I believe any dip will be shortlived and would be interested in others' thoughts as well.

[Threw-er-back]

Perhaps a better question would be..Where "should" we be now..:o)

[jim6103]

RedStick/ ......Here is a good example of a mining stock going thru the pre-mining phase.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ng&sid=0&o_symb=ng&freq=2&time=13