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Penny Stock Forum Penny Stocks are low-priced issues, often highly speculative, selling at less than $5 a share. Penny Stocks are traded on pink sheets and the OTCBB

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  #1  
Old 07-24-2007, 03:48 PM
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Default SRSR - Sarissa Resources, Inc. (PINK Stock)

Sarissa Resources, Inc., (SRSR)

A/S is 950Million
O/S is 693,566,058
Restricted/Float is 427,480,000

Transfer Agent:
Bay City Transfer
(989)891 - 9720
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  #2  
Old 07-24-2007, 03:49 PM
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Default Re: SRSR - Sarissa Resources, Inc.

Looks like a nice bottom play. Good volume over the past two days.
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  #3  
Old 07-31-2007, 10:49 AM
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Default Re: SRSR - Sarissa Resources, Inc.

SRSR (0.0006) Sarissa Resources Enters Into Agreement With Creso Resources for the Development of Sarissa's Uranium and Copper Prospects in the Elliot Lake Mining Camp of Northern Ontario



Tuesday, July 31 2007 9:09 AM, EST

BAY CITY, MI -- (MARKET WIRE) -- 07/31/07 -- Sarissa Resources, Inc. (PINKSHEETS: SRSR) is pleased to announce that it has signed an agreement with Creso Resources Inc. regarding its uranium and copper holdings in the world renowned Elliot Lake mining camp of Northern Ontario . Creso will pay Sarissa CAN $95,000 , as well as 25,000 common shares of Creso Resources Inc. stock, for one hundred percent interest of Sarissa's share of the St. Nicholas prospect located in the camp. This prospect, of which the Lube Vent Group owns the remaining thirty percent stake, is comprised of 1200 acres and 31 claims, with 39 claims -- app. 1500 acres -- to be added this year. The Elliot Lake mining camp, a hotbed for Uranium discovery and mining production in the middle part of the 20th century, is widely known within uranium mining circles, mostly for having produced CAN $1.3 Billion of uranium oxide by 1970. The agreement between Sarissa and Creso should close within a month, subject to regulatory approval.
The agreement announced earlier this year with Jourdan Resources over Sarissa's St. Nicholas prospect has been officially terminated due to lack of approval by Jourdan's Board of Directors.
Sarissa continues to stake and explore the Elliot Lake mining camp and surrounding regions for opportunities in uranium and precious metals. President and CEO of Sarissa, Ben Fuschino, stated: "This agreement further illustrates the Company's commitment to the exploration and development of various prospects in this area."
Sarissa intends to continue this course of identifying and acquiring promising holdings -- in this Northern Ontario region as well as other key areas of North America -- and utilizing development and other partner-based agreements to develop these assets. "The Company firmly believes that commodity prices will continue to trend higher for many more years, and that we can build substantial leverage through the acquisition of these and other promising prospects."
As a footnote, Sarissa has terminated all ties with the firm Big Apple Consulting, which had previously performed public relations work for the Company.
About Sarissa Resources, Inc :
Sarissa Resources, Inc. , formerly Michigan Gold Mining Investments, Inc. , is an exploration company involved in the acquisition and development of mineral assets in North America . Among the Company's assets are a one hundred percent title to a Platinum/Palladium prospect in the Shillington Township of Ontario known as the "Deadmoose Lake" property, and a seventy percent (70%) interest in the St. Nicholas property, a uranium and copper prospect in the uranium-rich Elliot Lake mining camp. The Mike White Group , who has performed geophysical consulting work for the Company, retains the remaining thirty percent interest of the St. Nicholas prospect.
This press release contains "forward-looking statements." Forward-looking statements are statements concerning plans, objectives, goals, strategies, expectations, intentions, projections, developments, future events, or performance, underlying (expressed or implied) assumptions and other statements that are other than historical facts. These forward-looking statements are only predictions. No assurances can be given that such predictions will prove correct. Actual events or results may differ materially. Forward-looking statements should be read in light of the cautionary statements and risks that include, but are not limited to, the risks associated with a small company, our comparatively limited financial resources, and other factors that may adversely impact us. These or other risks could cause actual results to differ materially from the future results indicated or implied in such forward-looking statements. We undertake no obligation to update or revise such statements to reflect events, circumstances, or new information after the date of this press release or to reflect the occurrence of unanticipated or other subsequent events.
For more information, please visit Sarissa's corporate Web site located at: www.sarissaresources.com
Investor Relations:
Equiti-trend Advisors LLC
(800) 953-3350 Toll-Free (US & Canada)
(858) 436-3350 Local or Intl.
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  #4  
Old 07-31-2007, 10:50 AM
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Default Re: SRSR - Sarissa Resources, Inc.

Low float stock. Could see a nice move on news. If it breaks through the resistance at .001, it has a good chance to explode.
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  #5  
Old 07-31-2007, 11:29 AM
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Sarissa Resources Inc. is an American junior mineral exploration company developing mineral assets in North America. Currently, Sarissa Resources (SRSR) retains a one hundred percent (100%) title to a Platinum/Palladium prospect in Shillington Township named the ‘Deadmoose Lake’ property. Sarissa Resources Inc. (trading symbol SRSR) is listed on the OTC market and has commenced the process of becoming a full reporting US company.

Investment Highlights
A geological survey commissioned by the Ontario government tested every lake bottom (4,000 lakes in Ontario) for PGM’s-Platinum and Palladium . The Deadmoose Lake had the highest PGM readings of any lake in Ontario

An electro magnetic survey has confirmed drilling targets to be dug in the next stage of exploration work on the Deadmoose Lake property

Business Strategy

The business strategy of Sarissa Resources Inc. (SRSR), as a junior exploration firm, is to develop mineral properties to enhance shareholder value over a long term time horizon. The first tactic in advancing the Company’s overall strategy is to choose the geographical venue best suited to meet SRSR stated goals. Mineralization occurs on every continent and almost every country in the world, but the Company must determine the optimum mix of opportunity and risk in each geographical venue, that offers the best return on the Company’s investment.

Sarissa's Management Team
http://www.sarissaresources.com/management.htm

Sarissa's Website
http://www.sarissaresources.com/

Sarissa's Press Releases
http://www.sarissaresources.com/press.php

Wall Street Interview with CEO
http://wallst.net/audio/audio.asp?ticker=SRSR&id=3295

A property that the SRSR has acquired, 100%, is the “Deadmoose” property, located in Shillington Township, in Northern Ontario. The six claims consist of approximately 600 acres.. “The property was staked following the release by the Ontario Geological Survey of Open File Report 6061: Montreal River Headwater Area Sediment Survey, Northern Ontario: PGE Data-Operation Treasure Hunt. The small spring-fed Deadmoose Lake, centered within the staking, contained the most anomalous results of over four thousand (4,000) lakes sampled under the lake sediment survey program.” (Rapski, 2002). The Deadmoose property were highest geochemical results of PGM;s (platinum related metals: palladium etc.) in all of the four thousand lakes of Ontario. This finding, of course, does not preclude that even though the Deadmoose Lake has the highest finding of Platinum related minerals in its lake sediments in the province that it possesses economic quantities of Platinum (app. $1150/ounce) and/or Palladium (app.$225/ounce). After staking the property, the prospector and the Optionee in our agreement, John Rapski, had a proton-procession magnetometer survey conducted over all of the claims. The magnetic high was located at the west end of the property and coincides with rust stained water from the lake sediments and the warm spring. The working theory is that the PGM’s are being transported to the lake sediments up from the warm spring; the biogeochemical and magnetic surveys seem to confirm this theory. Therefore, the Company plans to drill three holes, of five hundred (500) feet each, on roughly, a forty-five (45) degree angle, into the spring’s base. The drill holes will be spotted (the place the where the drill enters and at what angle) by an independent, professional geologist and he will personally handle all the core samples until they are given to the independent assay lab. SRSR anticipates drilling on the Deadmosse in June-July of this year.

SRSR has an agent of the firm negotiating with Peruvian vendors for copper, gold, zinc, lead and silver properties. Many mineral deposits in Peru have not been properly geologically mapped and drilled to delineate the ore reserve. SRSR will use its expertise and business relationships to develop these ore bodies to mine the metals itself or joint venture with another firm.
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  #6  
Old 07-31-2007, 11:30 AM
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  #7  
Old 11-01-2007, 12:53 PM
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Default Re: SRSR - Sarissa Resources, Inc.

This one's been building up the past couple of days and finally seeing some action today after news came out...


Press Release Source: Sarissa Resources, Inc.

Sarissa Resources, Inc. Acquires Two Uranium/Copper Properties in the Elliot Lake Camp in Northern Ontario
Thursday November 1, 9:15 am ET

BAY CITY, MI--(MARKET WIRE)--Nov 1, 2007 -- Sarissa Resources, Inc. (Other OTC:SRSR.PK - News) is pleased to announce that it has acquired two Uranium/Copper claims in the Elliot Lake mining camp in Northern Ontario, Canada. The claims represent approximately one square mile (640 acres) of land. The properties are on the White Uranium trend. SRSR president, Ben Fuschino comments, "We at Sarissa are extremely pleased with this acquisition. Uranium demand will increase as oil prices rise. We believe we have positioned ourselves well with this acquisition. Our next goal is to acquire some gold properties to diversify our mineral portfolio."

Sarissa Resources, Inc. is a junior exploration company that locates and develops mineral properties in North America. Currently, Sarissa holds Uranium, copper, nickel and diamond properties in Northern Ontario.

About Sarissa Resources, Inc.:

Sarissa Resources, Inc., formerly Michigan Gold Mining Investments, Inc., is an exploration company involved in the acquisition and development of mineral assets in North America. Among the Company's assets are a one hundred percent title to a Platinum/Palladium prospect in the Shillington Township of Ontario known as the "Deadmoose Lake" property, and a seventy percent (70%) interest in the St. Nicholas property, a uranium and copper prospect in the uranium-rich Elliot Lake mining camp. The Mike White Group, who has performed geophysical consulting work for the Company, retains the remaining thirty percent interest of the St. Nicholas prospect.

This press release contains "forward-looking statements." Forward-looking statements are statements concerning plans, objectives, goals, strategies, expectations, intentions, projections, developments, future events, or performance, underlying (expressed or implied) assumptions and other statements that are other than historical facts. These forward-looking statements are only predictions. No assurances can be given that such predictions will prove correct. Actual events or results may differ materially. Forward-looking statements should be read in light of the cautionary statements and risks that include, but are not limited to, the risks associated with a small company, our comparatively limited financial resources, and other factors that may adversely impact us. These or other risks could cause actual results to differ materially from the future results indicated or implied in such forward-looking statements. We undertake no obligation to update or revise such statements to reflect events, circumstances, or new information after the date of this press release or to reflect the occurrence of unanticipated or other subsequent events.


Contact:
For further info call:
Lorne Dingle
905-509-5908

Visit the Sarissa website at http://www.sarissaresources.com
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  #8  
Old 11-11-2007, 01:07 AM
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Default Re: SRSR - Sarissa Resources, Inc.

This one exploded on Friday...news came out about a new CEO taking over, who happens to be the son of a billionaire in the Canadian mining business, and they history/success of that family goes back three generations...

My sell trigger set for .0008 kicked in while I was at work, and if I hadn't set that, I would've been able to sell at .0014 when I got home...lol...oh well Riding free shares now and can't wait to see where this one goes...btw, dad is the billionaire and his Teck Cominco company is running at $47+ on NYSE...hope it runs in the family!

Sarissa Resources Inc. Is Pleased to Announce That Scott Keevil Will Join the Board and Become CEO
Friday November 9, 9:18 am ET


BAY CITY, MI--(MARKET WIRE)--Nov 9, 2007 -- Sarissa Resources, Inc. (Other OTC:SRSR.PK - News) is pleased to announce the appointment of Scott Keevil as the new CEO of the company commencing December 1, 2007. Ben Fuschino, the current Sarissa CEO, comments, "The board and I have brought Sarissa to a point where the company needs a seasoned professional who has experience in building and running exploration companies to exploit Sarissa's current mineral property portfolio, as well as to significantly expand on that existing portfolio. I will stay on as a director and Secretary Treasurer and help Scott in any way that he needs. I am extremely happy Scott has accepted the position."

Scott Keevil has been involved in the mineral exploration industry for 20 years. In his previous positions he has worked on the exploration side for the most part in Canada and Indonesia. He has developed relationships with mining investors in the USA, Europe, SE Asia and Canada. Scott will aggressively search for new exploration and mining opportunities for Sarissa.

Scott remarks, "I am really looking forward to financing and exploring the exploration opportunities presented in the current Sarissa portfolio. Ben and the board have amassed a good foundation to build upon; and I have some very specific ideas of what assets to add to the existing portfolio."

Sarissa Resources Inc. is a North American exploration junior with initial exploration properties in Northern Ontario, Canada. These properties include PGE, diamond and base metal exposure.

This press release contains "forward-looking statements." Forward-looking statements are statements concerning plans, objectives, goals, strategies, expectations, intentions, projections, developments, future events, or performance, underlying (expressed or implied) assumptions and other statements that are other than historical facts. These forward-looking statements are only predictions. No assurances can be given that such predictions will prove correct. Actual events or results may differ materially. Forward-looking statements should be read in light of the cautionary statements and risks that include, but are not limited to, the risks associated with a small company, our comparatively limited financial resources, and other factors that may adversely impact us. These or other risks could cause actual results to differ materially from the future results indicated or implied in such forward-looking statements. We undertake no obligation to update or revise such statements to reflect events, circumstances, or new information after the date of this press release or to reflect the occurrence of unanticipated or other subsequent events.



Contact:
Contact
Lorne Dingle
989-509-5908
or visit the Sarissa website at http://www.sarissaresources.com
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  #9  
Old 11-12-2007, 04:01 PM
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Default Re: SRSR - Sarissa Resources, Inc.

Still going strong. Very impressive!
With the new mining-elite CEO, things will certainly get better and better.
I'm in.
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  #10  
Old 11-12-2007, 04:53 PM
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Default Re: SRSR - Sarissa Resources, Inc.

I'm in shock. It hit .005!!!
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