Replies to post #121595 on Sarissa Resources Inc (SRSR)

[1chronicles410]

Yes. this was originally posted by webpence and is I believe what started the move from the teens to the 2's. Of primary note I think are the following four points:

1) oversize niobium ore zone, 65,254343 tons of proven resources,

2) world ranked in the top three.

3) For now the amount of exploration work inferred resource, has exceeded $ 10 billion worth of resources underground.

4) The the resource occurrence shallow mining method for open-pit mining.

I would really like to know how these numbers were derived. From the work the HKHE deal paid for? From historic data? From their DD visit to the site (that web also posted pictures for)? Other?

But if this is correct, our current market value is about 1/200th where it could/should be once the inferred resource is realized... minus costs, of course.

[unbeREEvable]

Wow, thats a mouthfull!

"The the niobium is rare, with a suction, corrosion resistance, superconductivity, monopole conductivity and high temperature strength properties, application of high-tech industries including electronics, precision ceramic and precision glass industry; electro-acoustic, optical devices; carbide, aerospace and electronic industries; Biomedical Engineering; superconducting industry; special steel industry."

Translated in my book that sounds like lottsa profits!