Replies to post #133578 on Sarissa Resources Inc (SRSR)

[supermegadope]

It means the expenses were not written off by the flow through investors but instead became a company expense.

We understand that, the question is what was the money spent on. We have expenses with no exploration in 2012.

[dale1953]

Finally a GREAT post.

[supermegadope]

People want to show Scott to be untrustworthy and incompetent to support their agenda,

My agenda is to make money here. Unfortunately Scott hasn't figured out how to do that in 5 years. He doesn't say much, and a lot of what he says doesn't happen. Is he untrustworthy or incompetent? I don't know but he sure as hell hasn't been successful with this "shooting fish in a barrel" "multi billion dollar property" so people should be concerned IMO.

Take a look at es1's post here. It seems our exploration costs have been accounted for in previous years, so what was there to carry over?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90151153

[AlanC]

Clear and concise, thanks! Go SRSR!!!

[es1]

Ask yourself if he is a failure and fraud how come with the stock price hitting 52 week lows and looking to go lower is there only trivial volume?Why aren't the insiders and those close not selling in mass?

The reason they trust Scott and are willing to wait as long as it takes.

I have heard you state this many times. It is apparently the "proof" that this is a good investment in the eyes of the market. But if it was true, wouldnt it be universal?

Ask yourself if he is a failure and fraud how come with the stock price hitting 52 week lows and looking to go lower is there only trivial volume?Why aren't the insiders and those close not BUYING in mass?

The reason they DONT trust Scott and are NOT willing to wait as long as it takes

See my point?
The simple answer is ,as we all know every buy is a sell etc.
There is no volume because there is nobody who wants the stock.
If there were buyers the shares would be moving.

The reason this is true is like in a store the things for sale are sitting on a shelf. They will sit there until someone comes to buy them. If the buyers dont show up there is no volume.

You do not have buyers money sitting on the shelf waiting for the inventory to show up. If that was the case the demand for the item would increase in price as people became more desperate for the item.

Since the item is not moving, like a store we have a sale. The price gets discounted and keeps getting discounted until the buyers start to show up.

As it stands SRSR is having a fire sale and the customers are still not showing up. The store has no choice but to lower the price until the product starts moving. that is why we have a 52 week low and no buying.

In the stock market there is ALWAYS sellers. There are not always buyers. That is why you can find stocks with "no bid" but you cant find them with "no ask".