Replies to post #67797 on Sarissa Resources Inc (SRSR)

[webpence]

Analyzing the latest PR and relevance to the NI report recommendations.

The NI Report outlined a further drilling of 6 holes in Zone D (Hawke Zone), as seen in the following excerpts:

"At least two rows of additional holes are required which would further delimit the ‘D’Zone mineralization. It includes at least two new grid lines of drilling, one 50 metres north, and the other 50 metres south of the three drilled grid lines already drilled by Sarissa, to be completed during the next exploration phase.

The aim of the next phase of drilling is to fully delineate the ‘D’Zone Niobium mineralization and to bring the resource and previous reserve estimate to fully NI 43-101 compliant standards for future reporting by the company."


"3. Diamond drilling: Extension of the Sarissa 2008-09 Program with 50 m.
step-outs: ‘D’ Zone:
Approx. 6 holes @ 300 m. each @ $100/m ……………………….$ 180,000.00"

From the latest PR.

"Sarissa Resources Inc. is pleased to announce the completion of a further three diamond drill holes on its 100% owned niobium property in northern Ontario... The current program was targeted to test the eastern extension of the previously identified resource... As these results are obtained, the Company will continue to update the Hawke Zone indicated resource."

[JPGetty]

We need approx. $2M to conduct the projects as outlined in that report.

Shouldn't be an issue with the stock price as is, should it?

$.08 x 25,000,000 shares = $2,000,000

Sell 25m shares to get the needed funding?

Is that how this is gonna play out?