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Kramer_Scarcelli

12/17/12 7:13 PM

#127390 RE: xdelivery21 #127389

Seems logical to me.....China hauls away almost a metric ton of rocks...... we, SRSR, are going to take some samples from those rocks to test concurrently.

Why?

In case our awesome new potential JV partners Chinese lab says "whoops no good see? lets renegotiate..."

Then SRSR can say....."gee thats odd, we assayed part of the same sample, and came up with this?....plz dont lowball us".

Seems like a routine thing to do. Likewise they might like to check and make sure our numbers are correct.

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Evil Rabbit

12/17/12 7:16 PM

#127392 RE: xdelivery21 #127389

BS. Sarissa merely tested a few random rocks from the shipment which was sent to China. To merely confirm what was sent had "the goods." Efforts here to instill doubt are shameful.
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hispeedsoul

12/17/12 7:40 PM

#127394 RE: xdelivery21 #127389

Looks like the market disagreed with your opinion today.
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es1

12/17/12 9:51 PM

#127402 RE: xdelivery21 #127389

I do not think it is a negative in any way as far as results or quality of the ore or mine.

I think it was Bad for Scott to revel his hand first.

He should have let them tell us what they got and if there was a discrepancy he would know they are not making a fair deal and to watch his back.
It would also allow him to come back at them with his results of their sample.

This would give him the leverage to suggest a third party test to seal the deal at a higher price to them if the results are what Scott said, and a lower price if the Chinese testing was correct,

Scott (knowing his results are valid) would be in a position of power in the deal. It also would have earned him some respect from the other side.

People will try make this statement say what they want but I am being pretty clear

Your point of the a disagreement of value would have to be backed by a publication of some sort of the Chinese results. Otherwise it could not be believed.

Like I said we wont know their results. Their results will either say it is worth it or not. The only sign we will get as to their opinion will be a deal or a PR stating we are no longer in negotiations.

Gap up or gap down, No other option I don't think