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Sirg still owns the mine. Sunburst is a partner/creditor that still wants a deal done rather than go through another bk.
Dont they need to close the deal soon; if not sirg will be in the same financial position that forced them to declare bk originally to save their assets.
Is their any benefit for them to wait for the new year, otherwise we should hear something soon.
That its better to hear an update in 2018 rather than 2020; and in 2015 rather than 2016.
Not as good as 2018. Cant wait.
No news. No bueno. But the fact that sirg has stayed above .0006 for so long and has not dropped down to its favorite spot means something. Wake up and smell the falafel.
No news. No bueno. Dont they have to close a deal soon or they slip back into a bk.
I know this will happen but what are the chances that news will be confirmed in november. They may want to wait till 2016.
Please sir i want some more
Please sir i want more
Buy on rumor sell on news. Plenty of rumor and news potential is huge. Sirg and/or orot ain't dummies. Now and/or very soon. Q dropping was just prelude. Question is, do we believe in pennies?
Sirg is in negotiations with orot. But what r the chances that they will close. What is the alternative? Declare BK again or lose everything. Im mean their BOD is impressive but they got to make a deal soon. This month or atleast before 2016.
I would luv a formal verification of the merger and that they want to get out of the pennies.
Three apples high
What r the chances news leaks before 2016. I think before oct 30th. Up to .006 within 2 days. .025 before 2016. Call me an optimist. When i go fishing i take a nikon and a frying pan.
Gooble gobble turkey time
When do u think orot or sirg will admit a deal is in the works or that a deal has been made.
To remove a Q or update a symbol is not automatic. Finra had to be updated and an update fee paid. I thought it was a couple hundred to a couple thousand. Is it confirmed at 40k to remove a Q.
They r not interested in shareholder value yet. They just want a deal. And if they get it those with the hot potato reap the benefits. But sirg and orot is real as were the many potential deals they never pr'd. But its going to happen in 2015 or back to bk.
Sirg has been trying to get funding for years. Now no cash and bk still looming. Maybe this time theyll close a deal because of the pressure from creditors. Orot is this best deal now. Hope they take it. Otherwise its back to bk and prayer. Their BOD is too real to play pump and dump.
I would love news on thursday. What makes u think news will be released this thursday. Did i miss something or just guestimating.
Agreed. Sirg owns the mine and is in negotiations with Orot. But Sirg has been in negotiations before and those went nowhere. Maybe now with the bk pressure still on them they will make a deal work. But when will they announce. This week or in six months. If a month goes by with no news it will be back to .0002 to .0004. But if they announce tomorrow all bets off.
Its easy to grin when your ships come in and you think you got the stock market beat. But a man who is worthwhile is a man who can smile when his pants are to tight at the seam. Sirg is closing with orot. Today tommrrow or yesterday. Buy the dip.
BUY THE DIP and wait till $1.00 and tell ur friends and family to do the same.
Let me guess u bought back in the end of 2012. I have been averaging down ever since. Is .03 too much to ask for.
I still believe that sirg and its board of directors wants to own and operate the mine. Everything has been delay tactics till they get the right financing. Everything in place sans the 13 million. Worst case they become a nol or shell but u dont give ur personal home address if ur playing games. Check out sirgs BOD, its no joke. 00.10 on real news.
I bet ur too heavily invested here. Me too. These pumps come once a year between may and july. Hopefully 2015 will be the year when they get the financing. The bk at least let us know they r alive and fielding offers.
Sirg is still trying to raise the $13 million. Until that happens they will likely stay silent and the stock will stay low until someone pumps it or they start communicating.
The bk dismissal and filings were good for 2 reasons. First (1st) they let the longs know that sirg is still real and that they r fielding viable offers. Second (2nd) it gave real news to support a pump and dump. Personally i dont think sirg will move on the orot deal. That was a restructure plan that they declined thus the dismissal. I wish they would tell us how close they r to raising the 13mill needed to open and run the mine and keep 100% ownership. They may want to keep the stock price down longer to attract investors. Or maybe sirg already has the investors and they r the ones buying it up now.
Regardless of this deal closing on tuesday or not its become evident the intrinsic value of this stock. Whether this deal closes or another deal down the line the value is apparent and out in the open. The permits r done and their original plan was to raise the $12million on their own and get the mine running. The bk dismissal just forced them to reveal info and deals that they have been keeping to themselves.
Good point. This is only one offer. SIRG can be holding out for a better deal. Even if the orotecno deal doesnt close we know they r still in business looking at offers that make sense.
Geppetto awaits patiently
Paraphenelia@live.com
Well at least you cant say they r hidding. Could be a good thing.
R asher and sunbust related
The june 28 would have been their deadline to amend the bk but apparently the judge still dismissed it. For them to refile in the nxt 6 months they would have to overcome a presumption of abuse so unless other info they wont be refiling for awhile.
Appreciate the info. Can u also send me the info from pacer. Im located in south florida. Paraphenelia@live.com
We could use a biglow now. Atleast it was some action
We could use a biglow now. Atleast it was some action
Barton the cfo wrote a letter the the bk court so he is still around. It be good to get pacer so we can read it. Sirg is still around the question is will they let us make money. I thought that they also held sirg stock and that would be there payout.