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The Company has three main projects: a PGE project in Montana's Stillwater District; a copper project in California's historic Moonlight Copper Mining District; and a nickel-copper-cobalt-PGE project in Ferguson Lake, Nunavut.

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Message: Trunchbull RE: Paid Pump Video
1
Sep 19, 2008 09:19AM

That paid pump is from May and looks very cheesy imo. Tell your boss to get something new out and actually make it look professional and maybe, just maybe attract something more than small time investors like us.

On another note, I thought I would check SRU out and see how it ended the day off. I thought with the TSX having a record day that we would be up quite a bit, especially with the news yesterday. Wow, was I surprised to see it continue it's downtrend. What will it take to move this higher when it can't even move up on a day like today?

I don't know if I can sit and watch the rest of the market turn around and see SRU not move once again. I have been in this for over 8 years now and have remained long the whole time. Should have just sold years ago and made a lot of money in other stocks while I wait for management to get their act together and do something. I thought with the new management team in place they would have a little more of a following within their circles. I guess we have found out that that is not the case. They need to get some analysts covering this stock already. Not the bubble gum paid pumper types either!

If anyone can think of a reason why I should hold this stock another 3,4,5-6 years until they finally get this thing into production, please speak up cause right now I really don't see a valid reason why. I think the market has spoken and this stock may remain at these levels until something major happens, like a takeover, or worse yet a share roll back.

Note to those who read this post. I am not speaking from an emotional standpoint, but a rational one. I have sat on this stock a very long time, just to watch it break out and fizzle out time and time again. Each time not knowing whether to pull the plug and put my money elsewhere. The project looks good but I do not think they(as well as old management) have spent their money very efficiently. There is a lot of money burnt up in office and management expenses, lets get the money to the drill and hit this thing properly. There is no excuse for the lack of holes being drilled. There are northern companies who have 5-6 or more drills working for them. If we were to get this many drills, they could knock out a huge resource which a major just might want to buy. But to drill 20,000 metres is not going to do it. Instead of having this project take the 15 years it is going to take to come to a decision, they could have(and still can) use the majority of the money to drill.

I have brought up the fact about management salaries and how much money the shareholders pay out on a yearly basis. Well, I think it is time for these guys to prove to us that they are worth these huge salaries. Maybe they should just work for options like a lot of other companies do? Then maybe we would see a little more urgency on their behalf! Maybe Douchane should put his $500,000/year plus huge option package into the market and help stop this slide!

I have always been a performance bonus type of boss, you show me you are worth it and you will get the bonus. If you crap the bed then guess what, your bonus stays within the company! Now management, get off your butt and make us shareholders feel that you are worth it! maybe us shareholders should demand that you resign your other posts at other companies so that you can focus solely on this project and it's stock. I don't think we need a bunch of management and directors who sit on other boards. How much are they able to focus on the project at hand? How much time are they actually putting into this company if they sit on other boards? Are they being distracted? Maybe it is time for them to make a decision to stay with us or to go with the other companies.

It seems that the only thing that is being done about this stock revolves around the metallugical process. Maybe Dr. Harris et al can pull the stock out of the crapper? I think he has given management quite a bit to work with but for some reason they do not either see it, or know how to use it?

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