Replies to post #75093 on Sarissa Resources Inc (SRSR)

[Piecemaker]

Thanks, Dmbao, always appreciate your take on a Q report.

happy New Year to you.

[RareEarthplayer]

They can't afford either audited or even reviewed statements as an audit would be at least 20-30k and reviewed around 10k. I would keep an eye on those Feb warrants and see if they are exercised or not.

[JPS02]

Yes, it looks like they're still buying more property.

Quarterly reports do not have to be audited so there is no need to spend the extra money - this show prudence by Scott in keeping the professional fees in check.

The amount of disclosure on the capital stock is not for any purpose. I feel that these statements are issued for a specific purpose other than for quarterly reporting. Potential partners or financiers like to see continuous disclosure and reporting, especially from pinksheet companies.

IMO