Replies to post #90099 on Sarissa Resources Inc (SRSR)

[dmbao]

It not clear what needs to be done or what will. They could move on to the other zones so its not clear any of that 10 holes is a priority for the company. We just don't have enough info to know much of anything.

[netjoy]

I was trying to gauge the progress Sarissa has made in the last 3 years. Seems we are no further along than we were 1.5 years ago. The report blunder, slow drilling progress, lack of funding, and poor communication don't exactly paint a pretty picture. Yes, the Advisory Board and hiring of an investment firm were positive steps, but the slow pace and continued setbacks are not very encouraging.

[webpence]

SRSR NI now available on SEDAR.\
http://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00030522

I still think you are taking a recommendation and turning it into a requirement.

I suppose you could focus on that, and we could discuss that there may be other recommendations that could be followed instead to fulfill the same objective.

I see as more significant though, that we now officially have a report in SEDAR that shows an official 18Mt of a "reliable" "inferred" historic resource and a set of recommendations that would allow it to at least be made "indicated."

Recommendations not requirements and noting that the Chance report is just to correct that which was purported to be known as of July 2009.

Ah, but one thing you do see in this report, but the significance has obviously been missed by most here, is that the bulk samples were tested against different extraction methods including floatation, acid leaching, and chlorination. While the niobium is too fine grained to use the floatation method, we learn in the Chance report that the chlorination method reached the pilot phase of development. That's one step past feasibility! That means it's deemed feasible, and you go into pilot production!

Gee, I wonder what happens to a resource that has undergone a sufficient amount of feasibility testing?

But, I suppose now that we learned the definition of "expected," we can now move on to the definition of "recommendation"?