Replies to post #69136 on Sarissa Resources Inc (SRSR)

[unbeREEvable]

Stranger things have happened my friend. Better not to be "out" when "strange" comes our way.

[Max Power]

wow, you mean some major could get our minerals for 2 cents on the dollar? sounds like a good deal for the majors..

[Evil Rabbit]

If the minerals and elements on the property are proven to be worth $100-200 billion (which many seem to believe), then why would that be such a high price to pay?

[es1]

2.23 billion is a steal for this company.

As it is the estimates are around 11 bil in the SE zone. Lets be modest and say it is really 1/5 of that so call it 2.5 bil.

Then you have the SE zone and it has the same potential as the hawk zone so lets call it 5 bill.

Then under the lake i see at least 2 places that Could be as big or bigger then Hawk zone so another 5 bil.

Then you have the shining tree gold property which I couldnt guess at a number. you are still looking at 10-200 billion in value. I seriously doubt anyone would sell for 2 bil.

As for the shares...700 mil shares is not large at all. There are plenty of companies out there with 1,2 3 billion shares or more trading well over a dollar. No fear of a RS. could even get to 2-3 bucks and forward split

So why are we at .07? Cause we are a pinky, and the resources are not proven yet and they are still in the ground.
As soon as the first truckload of ore leaves the site the share price will be well over a buck. I would even guess as high as $15-20 within a year or 2

[JPGetty]

Jim has the analysis and the numbers to back up his beliefs.

Ask him.