Replies to post #83375 on Sarissa Resources Inc (SRSR)

[sometimes_right]

That often quoted research article is a fine example of how statistic can be misleading...

Similarly, long-ranged potential for currently proven coal reserves peg that worldwide supplies could last around 155 years... however, with only a 5% annual increase the worldwide supplies would last only 45 years... and despite coal being the "dirtiest" energy source, usage is increasing despite "Global Warming..."

Therefore concerning the longevity of current worldwide Niobium supplies, that article's quoted "The reserves are enough to supply current world demand for about 500 years, about 460 million tons" ... the current worldwide proven reserves of Niobium can be DRAMATICALLY reduced with any increase in manufacturing usage - which is in fact the case with new applications constantly being researched.... In fact, the supply reduction would be much more sharper than coal's, given the relatively minuscule numbers of tons being mined for Niobium as compared to coal.... IMHO

In other words, there would be a market need for Sarissa's niobium (and of other niobium mines, for that matter).

reference link for coal facts:
http://en.wikipedia.org/wiki/World_energy_resources_and_consumption