Replies to post #135101 on Sarissa Resources Inc (SRSR)

[es1]

There is the issue here. People do not realize they are not invested in a property. They are invested in a company.

What is to stop Scott from selling that property for $5M?

I am not saying he will or would. I am simply saying that he could sell the property for $5M and claim to be using the money to developed Shining tree or to form a JV with his new friend the COO and mine his property with the money.

Again I am not saying he would do this... but there is nothing that could stop him. So you are NOT invested in the property. You are invested in Scott, and ONLY in Scott and what he decides to do.
Yes if he sold the property you think you are invested in, you could sell your shares and get out since the property is in another companies hands. But you would take a hell of a loss to follow the property.

That is the reason that Scotts fails in the past 5 years are important. You need to see you are not invested in the property or the PPS would ONLY have gone up. Since you invested, the property has increased in value hasn't it? If it is what you are invested in your value should have increased but it hasn't. That is because Scotts fails are countering your increased property value.

The property is not an issue. The management of the property is.