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Gold/Mining/Energy : SRSR - Sarissa Resources Inc. -- Ignore unavailable to you. Want to Upgrade?

To: rubyslippers who wrote (43)	12/21/2011 8:08:10 PM
From: Zilyunz	Respond to of 132

Welcome ruby! Here's the one, I will find the other... Email from Merle 9/26/2011: Thanks for your call and yes I agree there seems to be a lot of concern about the HKHE transaction and the disclosure in the Director’s Circular. Maybe this will help. First let me clarify that a Director’s Circular is not a news release meant for the market. Nor is it an appropriate venue for promotion. It is a legal document that is cleared by Sarissa Resources legal council for distribution to shareholders. At this time HKHE does not have a track record to examine. The Nio-Star transaction will be the basis for building a successful mining company. There is not one group that Sarissa Resources is dealing with in this venture. It would be better described as a consortium. The positives that this arrangement brings to the HKHE venture are as follows: - involvement of a sponsoring broker for a potential listing - legal expertise for possible Asian listing - potential sources for future funding - expertise in mine design and production - customers for the end product(s) If you will refer to page 7 of the Director’s Circular, the “use of funds” is disclosed. Those are pre-production steps. Scott Keevil returned from Asia on Saturday and I was lucky enough to spend sometime with him between flights. He was busy on his trip and had 11 productive meetings in a few short days. He relayed that the question he was most asked was, “How soon can we be in production?”............which is, of course, extremely premature. We have motivated “potential” partners, with the expertise and desire to assist the Nio-Star project to move to the next level and at the same time, get the recognition that the Nio-Star project warrants while maintaining control of the project and the Board of Directors of HKHE for the Sarissa shareholders best interests. While the company is still very restricted in what information that it can relay I hope this helps to make’s you feel more comfortable with the upcoming transaction. I’d also like to clarify that the “Special Meeting” is not an information session just a procedural event to count the proxies and Scott will not be able to give any meaningful insight at this time. At sometime in the future, after the company has proceed with its stated plan’s and the potential listing is underway, it may make sense to have an information session but it is premature presently. Merle