Sidney Resources Corp (SDRC)

[surrealistrader]

Ok. Thanks for clarifying the semantics.

I usually just use the broader vaguer word "processing" to refer to taking the raw ore to a more concentrated form... but that will also refer to a salable form as well such as refining and melting. Based on the recent videos, is that not exactly what SDRC is doing? Washing? You saw the table on youtube right?

Perhaps you're just here to have a pissing contest with me and direct the conversation in a direction away from the company and the value they are clearly creating. The discussion never was about how stupid I or you or anyone is. Its about the company and whether it is a viable investment opportunity. I say it is, and if you say I need to be absolutely clear on proper semantics between milling, processing, and washing for my opinion to be valid, then that's your opinion.

When I invested in this company it was a prospect generator and an exploration play. Now several years later its working out production while the board of directors and the investor base as grown considerably. No toxic debt, and comparatively very little dilution. I'd say that's pretty damn good. Invest in people. I'd say if they continue with their MO, the stock price will continue to do well.

[gitreal]

You don't "mill" placer material. You wash it. You're welcome for allowing me to spoon feed an explanation for you.

And yes, I know what I am talking about.

[surrealistrader]

SDRC is test milling placer material because that is a great portion of the ore they plan on processing into the future given the stockpiles found on the SRP claim. This is not all they are testing. They are also test milling lode material collected from their activities drifting along the vein in Lucky Ben Tunnel #2.

I know there is a great difference between processing lode (which is derived from rock / undergound) and placer (which is made up of particles on surface / gravel / sand / or perhaps underwater). It makes sense that their testing will focus distinctly on these two very different oretypes given their plan for production of BOTH.

I am not an expert on ore processing techniques but I know enough to know that they are different. Are you? Please enlighten us with any further relevant details if so.

[gitreal]

Why are they test milling placer material? Do you know what placer material is, and how it is processed?

[surrealistrader]

Yes, I did, and I should have clarified that was the 1 claim out of 6 that were found that SDRC is focusing on currently in its test milling. Rather than arguing semantics, I will clarify below.

The claims denoted SRP or SRL are the ones containing the found stockpiles.

The orepile (Found on the SRP-1 claim) they are focusing test milling on right now (alongside ore Lucky Ben tunnel #2) is of placer material. The rest (found on SRL claims) are of lode.

Next time you need help understanding something, just ask. Anyways, you're welcome for the spoonfeeding of that PR from Oct 4th 2023.

[gitreal]

YOU said the ore piles were placer material. YOU said they were on the SRP-1 claim. You're the one that is confused. Get your story straight.

That was before we confirmed that's exactly what the recently found historical ore-piles are (SRP-1 claim), despite their flagship project Lucky Ben being a hard rock mining operation.

And by the way, a claim does not equal an "ore pile". You seem confused about that as well.

[surrealistrader]

You are terribly confused, Gitreal. Go back and read the entire PR from October 4th, I urge you.

SDRC then described 6 newly discovered stockpiles: 5 are from lode (denoted as SRL) and 1 is placer (denoted as SRP.) By the time the PR was released, the company already completed a series of collections, grab sampling, and had secured underground and surface rights.

The 5 x SRL stockpiles are the ones referred to in your quote which you shamelessly copied and pasted here out of context. These were known from the beginning to have been of underground origin hence the showcase of historical documents concerning the Knott and Delaware veins in relation to these. It doesn't take a rocket scientist to realize that the L in SRL refers to LODE!

The SRP-1 claim also described in that very PR (of which you carelessly left out) is of placer origin (Hence the P in SRP). This is also bonanza-grade ore and SDRC is focusing its efforts on capitalizing upon it this season, alongside and in addition to the vein material from Lucky Ben tunnel #2.

I understand that so much valuable ore magically being found and staked this year completely separate from the Lucky Ben project is blowing minds, as it is mine, but you guys need to get your facts straight before you go and claim that the company is lying or manipulating or whatever. It's one thing if you're bearish and want to make a case for that, but there's no excuse for dishonesty and disinformation.

[gitreal]

So, they lied about the stockpiles? If they knew those piles were "placer gold" material, why would they describe them in a PR as remnants of vein material??

In the course of a meticulous surface exploration led by esteemed geologist Steve Dobson and our COO, Dan Hally, we've uncovered five substantial ore stockpiles, perceived to be the remnants of the historical Knott and Delaware Veins.

They lied to throw off possible claim stakers? Why not just keep the information about those fabulous stockpiles under their hats until the proper claims were staked? Why issue a PR with false information?

Very odd stuff.

[JustinPCDiscord]

Yeah ok you said the same thing since forever and price has only trended up, go n scoot now.

[surrealistrader]

Zoom out on the chart... and Retrospect's spam.

[RetroSpect]

Really really bad day for SDRC shareholders. It’s going to be UGLY next week

[RetroSpect]

It’s coming soon

[JustinPCDiscord]

What about your .10 call ages ago. Now you doubling down on foretelling the future? Hindsight vision even bad lmao.

[RetroSpect]

Heavy selling today. Good day to exit. Selling is going to pick up heavier

[RetroSpect]

Yup. Bottom going to fall off. Rejected
hard. Look for .21 in the short term

[Hawkeye_tt]

The Business Future looks better here every Mth now.
I'm adding each WK still.
GL all.

Hawk

[surrealistrader]

People are buying and are likely accumulating because they see value and desirable catalysts ahead. Some people buy and make a game out of it. Are you sure your claims of manipulation are true? Regardless, your post comes off as whining. Who cares about day to day action? The real story is seen when you zoom out on the chart. 2019 to today = a trend. What is different that will make anyone expect a reversal of that trend? Not even the bashing in this echo chamber is different.

[surrealistrader]

They knew what it was immediately and didn't reveal it to investors/public until the claims were staked and confirmed to be theirs.

They're not slow. If anyone's slow, it's the public, right? We're in the dark until the company discloses the reasons and it answered some of the criticisms you guys had about the equipment they were doing test runs with.

[gitreal]

That was before we confirmed that's exactly what the recently found historical ore-piles are (SRP-1 claim), despite their flagship project Lucky Ben being a hard rock mining operation.

I fail to understand why they couldn't tell the difference between a pile of placer gravels, and rock from a lode operation. Placer gravels look nothing like a pile of rock from an underground operation. Any geologist should be able to instantly differentiate between them.

Are they a little slow?

[RetroSpect]

Lmfaooooo

[RetroSpect]

If sunnyland and his puppets are long, why do they brag everyday about trying to paint the close?

If you invest long term , I just don’t understand the purpose of pumping 24/7 and asking members of your sheep discord to paint a close?

Can anyone explain? Surprised the SEC isn’t investigating him yet… or maybe they are

This will obviously get a CE eventually imo

[surrealistrader]

New footage of the gold table (2nd run).

Folks here were confused as to why SDRC was using equipment made for placer-type ore processing. That was before we confirmed that's exactly what the recently found historical ore-piles are (SRP-1 claim), despite their flagship project Lucky Ben being a hard rock mining operation. The mill is set to expand as the testing phases conclude and as they work to bring their other claims online to full production including "the lucky ben" and after that last years acquisition "the walla walla." Isn't it crazy that SDRC found a whopping $122,850,000 (if valued at 2,100 per ounce) just sitting on the ground this year of a claim they own?

[surrealistrader]

SDRC, a new gold producer, is severely undervalued to its fundamentals. A dividend will be distributed Q4 2024 reflecting this. At this stage, debut gold production, SDRC should be considered an optionality play, hyper-leveraged to gold price. The company is here to stay and has momentum especially if you recognize how well timed we are in the gold cycle. Money will be looking for stocks like this (legit or not) especially if you consider how the company has gotten this far without institutional money, or any kind of debt, and remains incentivized towards shareholders, a rare and impressive accomplishment especially in this industry, further setting it apart from the sea of filth mentioned earlier. There's been very little dilution to the float, largely insider funded, and board-members have never sold or otherwise unrestricted any of their stock ever. I think that's pretty damn good, especially relative to the rest pool of gold stocks at the stage they're in - the key point. They will be of the least risky amongst its microcap peers as a waterfall forms looking into microcaps for steeper risk to reward setups. Real revenues from gold sales are upon us, with filings to reflect this any quarter now, setting itself apart in so many ways from your scams of the past. As the stock price rises, their reporting standards will rise as well and the prospect of offering on larger exchanges will become very real too. Remains to be seen, yes, but will you still lump it in with your heaping pile when its trading on NYSE or Nasdaq?

[gitreal]

some amazing life changing things

Sure have....if you consider taking your kids inheritance, your retirement funds, your bank accounts.....and handing them over to a shady, non-filing OTC company. That does tend to "change" your life. I am constantly amazed by folks who admit to losing many hundreds of thousands of dollars. One old "mining guru" even handed over $1.5 million, and many, many people relied on him because they considered him a "winner". Sadly, he wasn't.

But you do you.....go all in. Or maybe you have already.

[surrealistrader]

Should I not give them the benefit of the doubt, against all the evident progress, and despite the ever present uncertainties? I am very happy with how far they have come since I first purchased the stock, and I'm equally proud of the stocks performance. ...Of which we are presented with every reason in the world to believe is built on sound fundamentals and is still undervalued as such. Should I not be? Run for the hills its gonna dump? Get up to speed on the company's unfolding catalysts and provide your rational analysis please. The cynical "all so called mining co's on otc are scams" bit has run its course and it explains nothing. OTC is saturated with filth, yes, but it can be the venue for an asymmetrical opportunity if found to be legit. Even with your experience as an ihub troll you must have witnessed some amazing life changing things out of less compelling stuff than this. SDRC is a gem and if I turn out to be wrong, tie me to a damn stake.

[gitreal]

"I just really like the company"

Lol, of course you do.

[JustinPCDiscord]

Carry on Gitreal, very unimpressive showing this round conjecturing yet again that an intelligent investor MUST be an undisclosed IR guy. *Yawn*, you've been down this road before, do better.

[surrealistrader]

I just really like the company, and as a shareholder I have a vested interest in them doing well and in the word getting out. Appreciate the compliments but no I'm not an insider. I just pay attention, and have a nasty habit of spoonfeeding the lazy.

[surrealistrader]

I believe those duties have been Dan Hally for some time now. The company has contracted out some promotion and marketing services to outside firms... and those firms are listed as recently as 2022 yearly disclosures... but thats not technically IR as they arent representing statements as from the company.

[gitreal]

Just a concerned citizen, thanks for asking!

[JustinPCDiscord]

You'd make a great desk jockey at some short firm making minimum wage for negative posts. Maybe one day you'll work yourself up the ladder. Who is Gitreal?

[gitreal]

Who is SDRC's IR person? Whoever it is, they don't need them....they have you! You write well, few misspellings, you know all the usual corporate double speak, you parrot the PR talking points, you know how to avoid sensitive issues.......you're perfect! Why, it's almost like you're an insider!

But that can't be, IHub rules require disclosure!

[surrealistrader]

Thanks buddy

[gitreal]

You'd make a great IR guy for SDRC. Maybe even some role as management.

[surrealistrader]

Penny-flippers and growth-investors alike have a lot going on here and a lot to like. The ranges are wide... but I'd recommend all to zoom out on the chart and appreciate how higher highs and higher lows have been carved out a multitude of times over the past few years resulting in multi-year highs recently. This is because the company has been articulating and delivering upon their value proposition wonderfully. Sidney Resources has come a long way to become one of the rare few of their size to achieve gold production. Sure you can buy and sell the ranges, as theres a bit of volume on both sides these days... but we know that volume is here now as opposed to some of the lulls of the past year because something bigger is truly afoot. The debut of this gold producer is attracting new money. Engage with the company where they update the public, and do what it takes to understand the catalysts that are taking place here.

[JustinPCDiscord]

Wow you've sunk to calling for .2591 from previous bad calls of .10 using some ambiguous technical analysis claim. Sad.

[RetroSpect]

Obviously a sketchy company but if you’re a TA trader, if and when .34 falls, then we’ll see .2591 almost immediately. That’s almost a guarantee IMO

[surrealistrader]

Shameless, dishonest. Continue to be shocked... I guess.

Contracts for sales of gold and silver product are being negotiated as we speak and revenues are upon us. It's only Q1 of what we know will be a breakthrough year for this gold producer. Your filings will reflect it soon enough. The momentum has clearly been building with this growth story, which is night and day compared to where it was years ago... and the process is being documented for all to see! Find where the company engages with the public and continue to be shocked.

[RetroSpect]

No revenue 1.4M net loss. Would be shocked if this is trading above .1 here in the short term

Times are getting ugly out here and I fear for shareholders

[JustinPCDiscord]

No, no it's not. Also, one can't continually call for a place for people to sell, followed by price going up, to retain any sort of respect on a stock board. I thought it was going to a dime? Then it went to .50 and is basing at .40s. Maybe this is a good place for you to exit the SDRC iHub board, and in retrospect, there have already been plenty of exits you should have already taken.

[RetroSpect]

Really good exit spot

[Hawkeye_tt]

2024 is going to be quite a ride here !! Hold on.....

Hawk

[Hawkeye_tt]

Yes, more equipment will be needed for Walla Walla, and the central location
130t/d mill........Lots more progress coming in 2024.

Hawk

[surrealistrader]

Dividend distribution set for Q4 2024.


To replace the amortization expense from financings of years past (now converted to shares) and as a thank you to all boardmembers, & private shareholders who continue to keep their restricted shares restricted, a cash dividend will be paid out before the end of the first year SDRC logs gold sales revenues. ...and by golly they are going big with a 4% goal.

Any firm, or person net short will owe the cash equivalent.

[surrealistrader]

Full production set for Summer 2024.

100 to 150 tons per day. I'm not sure if that will mean further investment in equipment to expand milling operation. But nevertheless, that's the stated goal.

[Hawkeye_tt]

So much going on now, on so many verticals. Exciting 2024 ahead for all
shareholders. Still adding on any slight dips, which there are few.

Hawk

[surrealistrader]

It's just mindboggling to me that over half the ore SDRC will be milling this season came from a pile they found just sitting there for over 100 years on un-staked land (claims now owned by SDRC.) This is the extremely high grade material that is found to contain the rare natural wire gold (which probably should be reserved for a museum or collected as specimen pieces.)

It is also worth noting that only about 250 tons of the ore being milled this year was taken from Lucky Ben Tunnel #1 and the years of work from Groundhog Mining and Milling. Making up the majority of what's at the mill site now is 500 tons what was extracted from the newly dug tunnel #2, and 750 tons what was found, all by Western Frontier Mining. The aforementioned ore-pile that was found is said to contain 18,000 - 21,000 tons of ore.

[surrealistrader]

The state of SDRC's gold production 2023>2024

Western Frontier, SDRC's New Mining Contractor
As context for how they were able to achieve the following, SDRC's new mining contractor (WFEM) disclosed to SDRC's shareholders that crews worked 5,470 hours this mining season cumulatively. Multiple crews worked on the Lucky Ben claims on a "7-day on / 7-day off schedule working 12 to 14 hour shifts" so at all times there was at least one crew working 12 hour days at the mine all summer. This is also the first year SDRC has committed to a year-round operations. Despite the cold, mud and snow, crews will be operating in the mill building and in the mines all winter, and into the spring.

Lucky Ben Ore Collection
This mining season, after re-entering the lower portal (Lucky ben #2) that was started last year, the Western Frontier crews intersected the Lucky Giant vein (Sept 8th) and began stockpiling ore from that lower portal. This year they mined 63' / 320 tons for development, and 126' directly on the vein for 740 tons of ore from the Lucky Ben #2 tunnel.

The Newly Found and Staked Historical Stockpiles
In addition to the work done on the Lucky Ben portals, on October 1st, the mining contractors located and staked historic stockpiles. This is due to the geology team spending any time not in the portals on the surrounding land in their attempt to understand the district and Lucky Giant vein structure. They found a historic mill foundation next to the piles that was never built. These aren't leftovers, it's prime material. Another 760 tons of ore from this location were hauled to the mill building this season.

Test Milling
After accumulating 1500 tons of ore at the mill site, SDRC has begun its first winter working season as part of a year-round operations schedule. Test milling will be ongoing into q1 2024 in order to maximize yield. We have seen visually from this process the presence of natural wire gold, a rare occurance, and the already known nugget-effect consistent with what is known of this region. Initial calculations on first smelter run was 3.74 ounces per ton so its clear they have extremely high grade ore at the mill site now.

Assaying
As you may have already gathered, SDRC does not have plans in place to prove out any deposit in this valley via drilling. They will continue to mine on the vein to collect the high grade ore, who will be measured via a process of feed sampling. If they can reasonably call it "Consistent with their outlay" they will impute results for the rest of the valley based on what THEY have. So to speak, they are are in a state of vigorous expansion while simultaneously entering production. They will be feigning industry standards of proving out deposits so revenues and expansion can take place sooner and cheaper.

I know you guys will have problems with this, maximizing the risk to reward profile by pressing on into the unknown as boldly as they are, but investors nor the company care at this point. They are in pursuit of what works according to their unique circumstances, and avoiding methodologies that multiple companies have tried and failed doing in this area.

Gold Sales
Contracts for gold sales with the parties mentioned by Sean should be engaged signed q1 and revealed in q2 2024. This will only take place after they can extrapolate reasonably what they are able to produce for the length of such contracts. The test milling and further processes will continue until these results are met.

Citation: SDRC 2023 Shareholders' Meeting held on December 15th, 2023.

[rbtree]

gold producing reference, please.....

[Common_Vengeance]

It’s simple.
Non dilutive, gold producing, growing operations

I, VENGEANCE LIKE THE STOCK