"It is understood that Sarissa mining company located in Ontario, Canada, is a super-large niobium ore zones over sixty-five million tons of proven resources, world ranked in the top three"
interesting?!?! Top three mineral properties!
Calculations:
65m tonnes = 143,260,000,000.00 raw pounds
@ 0.5% average = 716300000.00 pounds of niobium
@ $25 per pound = $17,907,500,000.00 (yes 18 billion)
They also used proven resource- may just be a translation matter, but moving from indicated to proven is a huge step in the exploration cycle if these words are correct.
Rough figures of course, and 100% speculative.
IMO
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