Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Not cheap! CONSERVATIVE! Better to be joyfully surprised than crushingly disappointed
its a thin float and being a gold stock is primarily made up with long term investors like myself. My hope is the attention it has been getting will encourage day traders to become long term investors.
The real value with this company and project is credibility! There are people with integrity at the helm of this company and the gold mine is a historically proven resource.
Keep the faith! I think we are going to be just fine.
Welcome to the project. I have been here for many years.
Right on! You will be a long in no time!
I am curious about who the people are who made a deal on the Unity and Rescue mines. If anyone has any contact information i would appreciate the opportunity to break the ice.
If they have the financial capability to open the Lucky Ben or better yet even consolidate all the mines in the area under SDRC, this would add value to the company.
This is not a run. It is a correction. Whether you are a long term investor or a day trader, the real potential is in holding your position to production.
Obviously you have noticed that the majority of the stock is held by long term positions or you would have seen a dumpathon already.
Anyone invested has a lot of trust in the board to bring this project into fruition...myself included.
When this mine operated a century ago, it was mined by hand. It still has that advantage today. It is small enough yet rich enough to support a small start up.
Looking good!
Interesting short report
https://www.otcshortreport.com/company/SDRC
Thank you. Yes time sure can fly.
This is a short article i wrote and published on the cariboogoldrush.ca site. http://www.cariboogoldrush.ca/the-road-from-hell.html
At the top of the article below the title you will see the original tunnel and the switch back access road. The area described below can be seen in the photo.
Mr. Hally has located the vein structure the original mining engineer J.A Czizek had described as being a location for a new adit. This location is approximately 200 feet below the elevation of the current adit and is easily accessible by the existing road. The lower landing has been cleared and enlarged during previous work to allow equipment in this area of the property.
This is a good. Starting small and working their way into it is the way to go. It doesn't always have to be "go big or go home".
Mining on a small scale enables the potential to grow into a much larger operation. Big money likes small operations.
Looking forward to seeing the results of the season
The new lease agreement
News on the mining plan and/or submission of work permit
Would be amazing if that other company in the area (buying up the other projects) were able to forge a deal on the Lucky Ben.
I been too busy to read the posts but I am happy. It is good to see it current and the share price holding its own but in my opinion should be much higher.
I am looking forward to seeing the lease renewal in a news release soon.
I want to thank the new people on the on forum for your efforts to bring attention to the project. I know some people question your motives. However, It is nice to see the stock with a heart beat and trading daily.
I have to look at it this way, they are bringing attention to the project. That is important because a lot of legit people don't know this project exists.
Even big investors are going to be interested in how it's trading. Not going to be much interest in a flat line.
I did have a look at the volume. However, has anyone looked at the price for gold? There is a lot of "hype" as is with that. That is what is driving this. People are looking for investments and yeah they will buy and promote too. you can call it enthusiasm or you can call it pumping. The PPS was BS at the level it was with all that Dan has managed to accomplish and what this mine has for reserves. I see this as beginning of a correction. Some will buy and sell and some will buy and hold.
Yes. With the current market conditions (Gold Price) and the credibility of this project makes it a good investment.
I can appreciate what you are saying Robert but ten million shares getting bought on the open market is not something i would consider a front load.
If you are gonna post research, then post the links to the original documents.
The JV with Merger mines has already been disclosed
Gold Rush? Salvage? Seriously? You want to compare placer to hard rock? Placer and hard rock are two completely different types of deposits and two completely different ways to mine.
It is a long term position being in this project. I do not understand what you mean about salvage operation?
Psst:
I could make millions off of the tailings from Gold Rush. Most inefficient and ridiculous excuse of a modern day placer mining
From Goldstone report 1987
This work revealed a 1.5 foot wide
quar~z vein grading 2.12 oz/ton gold and filling a steeply dipping fracture
within quartz monzonite which is strongly altered for 2 to 3 feet on either
side of the vein where it assays 0.056 oz/ton gold. These values would
therefore produce a weighted average grade of 0.57 oz/ton over a mined width
of 6.0 feet. At a gold price of U.S. $400 per ounce, the in ground value
of the material would be $228 per ton.
Read more here https://www.sidneyresourcescorporation.com/operations.html
All good. its well undervalued. let them have their fun? lol
There are alternatives to a deal over using the rescue mill.
Keep in mind this mine was operated by a handful of people when it was in operation in the early 1900's. They did well with old school methods.
They could get away with crushing ore and using shaker tables to concentrate material. Its slow but it would work well as you can only get so much ore. No point in a large mill if you can only bring a small amount to mill
Water permitting would be simple enough when you use a 100% recycling in a contained system.
I've said for years to start small and work your way into it.
Your most welcome and thank you for sticking around keeping it real
My number and email are on my website https://www.smresources.ca
Your welcome to contact me anytime
https://www.smresources.ca
Oh i believe you when you you say you and your followers are buying up on the open market. Just keep it real please.
The board is monitoring new work being completed in the area by another mining company that recently acquired the Rescue Mine and Mill and entered into an agreement with the owners of the Unity Mine Group. We are especially interested to see if this company begins work on the Rescue Mill that could bring it back into processing capable condition. We have not had any discussions with this company regarding our properties or working jointing in the future.
Does SDRC have a Mill? No they don't. An agreement to process Lucky Ben ore with the Rescue Mill would be the reason they are especially interested. I really hope they can make a deal
If you were a huge investor(s) you would have bought in at the management level etc. Not this bull tweet
Yes. Thank you with keeping it real.
Wow! Someone did some digging to figure out I am the former VP of Operations. That was a few mining projects ago.
Yes it can be mined economically. Its just a matter of the company committing to such a decision and people following through. The variable is the financing. As the old saying goes "talk is cheap. It takes money to buy whiskey"
haha yes it seems i missed some serious action this past few weeks. i havent`been keeping up this past while.
The pissing matches have their place. when a lot of posts come out it shows up as action on the boards I think.
Would be nice to see it break and hold a nickel here in the short term. The market conditions are right with Trump and the Dragon blowing smoke at eachother.
He thinks Leland and sdrc have more going on. Lol.
100 claims without data is moose pasture. Sdrc is involved in the lucky Ben and that is what they have been striving to get money for for sometime now.
If they get financing would be a huge correction here.
When I ran the numbers in 2013, about 60 grand would cover the cost of cross cut tunnel into the vein.
Good luck
Last I heard they were planning some drilling?
They have very rich ground but need financing to reopen the mine.
They have half ounce per ton. To compare, check out midas gold in southern Idaho. Midas has a grade of half a gram per ton.
If sdrc can secure funding to reopen the lucky Ben, will mean a huge correction here.
I will speculate that any investment in neighboring mines is a good sign that the lucky Ben may be on the list. This is natural as gold is a safe haven for when the dollar takes a kick. I think we are going to see a golden on anything gold and viable.
There are honest people on the sdrc board of directors. No bs with these guys.
Gitreal good to see you. Play nice. This mine is real.
No idea.
Frustrating. I would think there would have been some announcement for the coming season by now
yes a short squeeze is possible. I have seen it many times before and everybody knows OTC shortreport gets their data from Finra.
Been getting shorted to heck and back https://www.otcshortreport.com/company/AHIX
Thank you!
yes a short squeeze is possible.
Its been getting shorted hard https://www.otcshortreport.com/company/AHIX