Replies to post #131169 on Sarissa Resources Inc (SRSR)

[Evil Rabbit]

Some days it's "the market doesn't know about Sarissa."

Other days it's "the market is pessimistic about a deal."

How can the market be pessimistic about something it isn't aware of?

Holders are holding. Newbies are not buying only because they don't know the story. Those who do are the lucky ones, and they're buying all the shares they can afford.

IMO

[es1]

Once the SOE completes their due diligence and the processing report seems to be the last piece they can reengage with SRSR to strike a deal.

And once HKHE finds another person to replace the ones that stepped off they could come back too. Or CVRG could become legit and come back too. But holding your breath for any of them is a waste of time.

The bottom line is that if the deal was as sweet as is claimed they would NEVER let the exclusive end. They would buy it and mine it.

SOE does not want SRSR. That is the ONLY conclusion available.

When or if they decide to come back that is when we can worry about it.
Holding a candle on the hopes that SOE just couldnt finish in time and now are scrambling to finish before the other 500 players jump in line is a pipe dream. If there was another in the wings we would have been told that SOE dropped the ball but XXX has picked it up and will be buying an exclusive for 90 days.

There is nobody who is in line. Scott is out pitching the mine to anyone who will listen and hoping he can get another LOI for the next 6 months.
As normal in the pinks the PPS is where people expect a bottom. Now it is a question of how long it takes for scott to come up with something to PR. The longer that PR takes the more likely the PPS heads for a new low.
IMO he doesnt have too long. 20 days after the exclusive ran out doesnt seem like they are willing to bother. Every day that passes will only add to people thinking it is time to bail out.

Scott needs to do something to support all the longs that have praised him. It is time to stand up and be the mining genius he is supposed to be or the longs will finally admit they have been duped.

right now the PPS has noplace to go but down until Scott does something to change it.

LoI, uplist, spin out, split, JV have all been used up. They wont be believed again. I think the only thing left would be a share reduction but since he is just selling shares in a private placement atmosphere I dont think reducing the shares is in the cards.
IMO scott could only reward the longs here by signing a contract and PRing it as a done deal. That would pop the PPS up to past the point that flippers would bother and the people who held would get a big reward.
That will never happen. We will never get a deal signed without a 6-12 month build up to it.