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Gold/Mining/Energy : SRSR - Sarissa Resources Inc.
SRSR 0.00Oct 31 5:00 PM EST

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To: sense who wrote (103)12/25/2011 1:21:57 PM
From: HarmonicRead Replies (1) of 132
 
"So, how much should be read into the parallels between SRSR and the other guys ?"

I read into this subject this way. This is the first I have heard that IAMGOLD is developing a near surface mining effort for Niobium and I couldn’t find any evidence on line that they are. Please post the article about this because I may have just missed it. I did find that recently they have expanded their mineralization at depth and are/have expanded their milling capacity. This results in more through put but at a high cost.



When I first read this Info. on the other board I thought it was not good news but after I thought about it I realized that maybe their consortium (which is most likely an entirely different consortium than ours) realized what is coming with NioStar. That being hey, we have a mega property getting very close to breaking out and it will be bigger and a lower cost producer. That would cause me to pause too. Then I was very happy and it made a lot more rational sense. Basically we will out compete them in the market place as a lower cost producer.

Merry Christmas everyone
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