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Where's the proof that BLM has done other interviews for penny miners, besides SIRG?
Post the interviews. Post them.
They can't be posted because they don't exist. BLM has done an interview about SIRG, the only interview they have ever done about a penny miner.
SIRG shareholders know what we own here.
No amount of half-truths, rumors, or innuendos from other jealous penny miners will change that.
Know what you own!
WRONG AGAIN
BLM's on-the-record interview about SIRG. The only interview BLM has ever done about a penny miner.
Daily miner article:
12/13/2012 6:00:00 AM
Ahron Sherman
Miner Staff Reporter
The process to open the Chloride Copper Mine, formerly known as Emerald Isle, has been drawn out over the last year, but it's getting to the point where those involved can see a light at the end of the tunnel.
Sierra Resource Group, the Nevada-based mining company working to re-establish the mine, hired Paul C. Rizzo Associates, Inc. to deal with the Bureau of Land Management's permitting process, which starts with the Mine Plan of Operations.
Known as an MPO, the document outlines everything Sierra plans to do with the site, from mining and milling to reclamation. Once submitted, BLM reviews it and, if needed, requests revisions.
"There's been a lot of revisions made to the document over the last year," said Buzz Todd, lead geologist at the BLM Kingman office and the one in charge of Sierra's permitting process.
"But we're very, very close to having a technically complete document."
Todd took charge of the case in September. Sierra thought its MPO had been accepted by BLM that same month, but Todd, who has many years of experience, re-opened the case for additional review.
A better review lends itself to a better product and leads to fewer environmental impacts, he said.
The most recent MPO revision was submitted Dec. 8. Based on what he's seen, Todd expects for Sierra to have a completed MPO no later than mid-January.
After that's complete, the parties involved will turn their attention to the National Environmental Protection Act-required environmental assessment.
This part of the process should be easier than the MPO process because issues expected to come up in the environmental assessment were considered while going through the MPO process, Todd said.
"We've been trying to address environmental issues throughout," Todd said.
The environmental assessment allows Sierra to propose mitigation of significant environmental effects to less-than-significant levels. The proposal will be based on what's been outlined in the MPO.
Todd expects Sierra to have a complete environmental assessment to present to the community for comment no later than mid-February.
"They're doing real good," Todd said of Sierra and Paul C. Rizzo Associates' involvement in the process. "I've enjoyed working with them."
Todd explained that the process Sierra has gone through up to this point is no different than what other mining companies go through.
"The interactive process has been positive and continues according to the schedule laid out by BLM," said Rod Martin, Sierra's CEO. "It's been very smooth, primarily because of what Paul C. Rizzo Associates and the BLM both bring to the table."
The company expects to hire 20 people to work the mine once it begins operations. Some of those are high-level positions. Martin said those are being filled with a staffing service.
For truck drivers and all other labor-based positions at the mine, Martin said Sierra plans to start hiring in April.
Jobs will be advertised in local publications and the community will get a heads up once Sierra is ready to start filling the 18 labor-based positions, Martin said.
UNLIKE THE MAJORITY OF OTHER PENNY MINERS, IT IS 100% TRUE THAT SIRG HAS LEGALLY DEFINED, SEC COMPLIANT, PROVEN RESERVES.
So far "history" proves that SIRG is the only penny miner EVER to have an on-the-record interview by BLM, who praised SIRG and their progress.
That is 100% completely wrong.
LOL
Nothing could be further from the truth. That's a drop in the bucket to a mine that has all the permits for production.
Watch and learn.
They would not announce financing contingent upon permitting. Like all good companies, SIRG keeps things close to the vest, as businesses should. SIRG isn't a scam peddler like some.
No announcements until after the fact, all Ts crossed and Is dotted.
When you roll notes over, it is a new loan. New terms, new legal documents, etc.
"...their financing opportunities will be limited...."
LOL NOT TRUE!!
The hardest part of mining is the permitting. Once permitting is done, financing will be easy. The temporary financing SIRG has used in the past is not the long-term type of financing they will use after permitting.
WRONG!! ONCE AGAIN!
Rolling over the notes was ANOTHER LOAN! It was a new legal agreement!
And if a deed of trust was supposed to be used on prior agreements and those loans weren't paid, Grand View could have taken the mine. THEY DID NOT! THEY ROLLED THE NOTES OVER IN A NEW LOAN!!
YES, THE ACTION THEY TOOK WAS TO GRANT SIRG ANOTHER LOAN!!!
LOL
They agreed to roll over the notes, very common in business.
If SIRG was supposed to file a deed of trust for earlier transactions and didn't, Grand View could have taken the mine instead of rolling over the notes. Guess what? THAT NEVER HAPPENED!!
These terms and conditions are common and normal.
"With no source of revenue, SIRG will likely be unable to pay the amount due."
SIRG, a start-up, has no revenue??!!! OMG!! LOL:)
FYI - SIRG is a start-up. Once the BLM permits are done, which should be soon according to BLM, construction to update the mine can start.
Funding for mines is usually contingent upon permit approvals. This is all a step-by-step process. That's probably why SIRG rolled their notes over. Most likely, they have long-term financing lined up and it is waiting on permit approval.
It is quite hilarious that in penny miner land, SIRG could be attacked because they buck the mold. SIRG isn't screwing over investors or taking crappy pictures of a Bobcat to put in a fluff PR.
SIRG is working hand in hand with BLM, close to final production permit approvals. Some might prefer a scam penny miner, but I don't!!
"Actually, SIRG was supposed to file a deed of trust against their 80% interest in the Chloride Copper Mine the first time to secure the two Grand View Ventures notes, but they failed to do so."
LOL EXACTLY MY POINT!
This deed of trust business is no big deal. Did Grand View chase SIRG down and yell and scream before? NO. Did they loan them money again? YES. Did they roll over the notes, like so many companies do, especially start-ups? YES.
Trying to paint this "deed of trust" issue with nefarious meanings is BS.
WRONG!!
SIRG DOES NOT HAVE A "LIEN" AGAINST THEIR MINE.
Deeds of trust are used exclusively by many states instead of regular mortgages. One of those states is AZ. I called Title Security in AZ, a title agency, and spoke with a title agent about this. Deeds of trust are the norm now in AZ and only in old mortgages will you see a deed of trust NOT being used.
Having a deed of trust used for SIRG's mortgage is no big deal.
Basically, SIRG rolled over their notes and put them in a mortgage using a deed of trust. Very common for a company to do, especially a start-up.
That all depends on who is reading the filings, doesn't it?
Be careful, there is the truth and there is versions of the truth.
There is a lot of jealousy directed at SIRG, not many penny miners make it as far as they have.
Unlike most penny miners who try to claim "proven reserves", SIRG has legally defined and SEC compliant proven reserves.
SIRG is the best penny miner out there, with the most potential, by far.
They aren't taking pictures of a Bobcat pushing around dirt, trying to PR fluff to investors.
BLM gave an on-the-record interview about SIRG and their progress. BLM has never given an interview about a penny miner before.
SIRG is the real deal.
Daily miner article:
12/13/2012 6:00:00 AM
Ahron Sherman
Miner Staff Reporter
The process to open the Chloride Copper Mine, formerly known as Emerald Isle, has been drawn out over the last year, but it's getting to the point where those involved can see a light at the end of the tunnel.
Sierra Resource Group, the Nevada-based mining company working to re-establish the mine, hired Paul C. Rizzo Associates, Inc. to deal with the Bureau of Land Management's permitting process, which starts with the Mine Plan of Operations.
Known as an MPO, the document outlines everything Sierra plans to do with the site, from mining and milling to reclamation. Once submitted, BLM reviews it and, if needed, requests revisions.
"There's been a lot of revisions made to the document over the last year," said Buzz Todd, lead geologist at the BLM Kingman office and the one in charge of Sierra's permitting process.
"But we're very, very close to having a technically complete document."
Todd took charge of the case in September. Sierra thought its MPO had been accepted by BLM that same month, but Todd, who has many years of experience, re-opened the case for additional review.
A better review lends itself to a better product and leads to fewer environmental impacts, he said.
The most recent MPO revision was submitted Dec. 8. Based on what he's seen, Todd expects for Sierra to have a completed MPO no later than mid-January.
After that's complete, the parties involved will turn their attention to the National Environmental Protection Act-required environmental assessment.
This part of the process should be easier than the MPO process because issues expected to come up in the environmental assessment were considered while going through the MPO process, Todd said.
"We've been trying to address environmental issues throughout," Todd said.
The environmental assessment allows Sierra to propose mitigation of significant environmental effects to less-than-significant levels. The proposal will be based on what's been outlined in the MPO.
Todd expects Sierra to have a complete environmental assessment to present to the community for comment no later than mid-February.
"They're doing real good," Todd said of Sierra and Paul C. Rizzo Associates' involvement in the process. "I've enjoyed working with them."
Todd explained that the process Sierra has gone through up to this point is no different than what other mining companies go through.
"The interactive process has been positive and continues according to the schedule laid out by BLM," said Rod Martin, Sierra's CEO. "It's been very smooth, primarily because of what Paul C. Rizzo Associates and the BLM both bring to the table."
The company expects to hire 20 people to work the mine once it begins operations. Some of those are high-level positions. Martin said those are being filled with a staffing service.
For truck drivers and all other labor-based positions at the mine, Martin said Sierra plans to start hiring in April.
Jobs will be advertised in local publications and the community will get a heads up once Sierra is ready to start filling the 18 labor-based positions, Martin said.
So did I and a few other people I know did too!
How convenient! The SIRG longs have fully vetted SIRG and know what they own. They know the history of the mine and its officers.
I would like to point out that an A/S of 19,592,000 is not sufficient to provide liquidity on the OTC market trading tier and the share holders were nicely rewarded. Very rare for OTC listed companies like SIRG to do a FORWARD SPLIT.
When posting on the SIRG board, please factor in all the facts and that FORWARD SPLIT clearly proves that SIRG did not crash in June of 2010 as falsely posted.
Nice try but WRONG AGAIN!
When calculating SIRG's share price one must account for the 6 for 1 FORWARD SPLIT that happened on the dates that were posted!
Corporate Actions
Ex. Date Record Date Pay Date
Dividend (0.00) Jun 28, 2010 Jun 25, 2010 Jun 25, 2010
Capital Change=shares increased by 6 for 1 split; Due Bill Redeemable Date: 06/30/2010. Ex-date=06/28/2010. Rec date=06/25/2010. Pay date=06/25/2010.
Now lets just take a look at the historicals, anybody can access them for the proof,
Share Price on 6/25/10 $6.00 - Rec date for 6-1 FORWARD SPLIT
Share Price on 6/28/10 $0.90 - Ex-date for the 6-1 FORWARD SPLIT
12/2/11 Share Price $0.0029 - YEP - that's when we started accumulating shares but we got even better prices when SIRG dropped
to .0012! Sorry you missed that buying opportunity.
This isn't "speculation", this is out and out trash.
The fleecing of shareholders.
Some call it a scam.
Exactly right, Salty!
We are here, we know what we own, and we won't be hoodwinked by false rumors, lies, and half-truths.
SIRG is the best penny miner around, with the most potential, by far!
BUT why is that Amendment backdated to January 14, 2012? Is that legal? It was filed on Feb. 1, 2013 and GDSM failed to notify their poor shareholders!
Check out the date above Marc Lovito's signature!
A shell company? LOL:) Like 99% of penny miners out there?:)
That will never happen to SIRG.
Watch and learn.
I think the "partnership" with GDSM has put WSRA into the gutter. When you lie down with pigs.....
Exactly right, Golf! Amazing all the nonsense that's being spread. But that's what happens when you are the best penny miner out there with the most potential!
Quote from SIRG's 10-K for the fiscal year ended: December 31, 2011 Page 12
We are required to obtain governmental and lessor approvals and permits in order to conduct mining operations.
SIRG is doing wonderful on the permitting front, which is why BLM gave an on-the-record interview about them. No other penny miner has ever gotten that honor from BLM.
Let's talk the truth... the uplisting will never happen and it is being used just to pump the stock.
IMO it is not even ethical or moral to pretend that uplisting is even a viable option. But to each their own, right?
Sadly, this is the wrong company - GDSM is not a gold mining company. It does not own any mines, mining claims, mining equipment and the CEO has no mining experience. It has defaulted on 3 JVs with WSRA, just for starters.
Many investors have lost thousands of dollars here, I've personally heard from them. Some even call it a scam.
WRONG AGAIN LOL
"Permit song and dance"?
BLM doesn't give on-the-record interviews updating the permitting process, glowing words for SIRG, and timelines for a "permit song and dance". LOL
The increase has already happened and, guess what? The PPS is fine!
The LOI isn't failed at all.... I could go on and go, but my point is clear.
WRONG
Shareholders know what they own here and the truth.
All start-ups are in sticky situations. That's why investors, public and private, can get such good investments when they invest in start-ups. Risk vs. reward.
Start-ups stitch together funding until they "make it", in this case, permits for production, which long-term funding is probably contingent upon.
Rod has millions of shares which he bought himself, before he was CEO. He has a very large personal motivation not to lose the mine.
The financial situation of SIRG is very common for a start-up. Investors know what they own here.
SIRG is on the cusp of production, scare tactics won't work.
Type "spiraling downward quickly" and it still doesn't make it correct. LOL
SIRG is on the cusp of successfully completing their production permitting process, as announced by BLM.
Pound the table all day, people know the truth of what's going on here.
COMPLETELY WRONG
Shareholders know what we have here. BLM knows what a great organization SIRG is and they have given them glowing compliments, on-the-record.
Thanks for the update on the EA. I know many longs keep in close contact with the federal/state agencies responsible for approving SIRG's production permits.
Know what you own and we do!!
Scare tactics won't work.
The truth is SIRG is on the cusp of production.
SIRG is almost done with their permitting process. The financing issues are nothing uncommon to start-ups, at all.
We understand the risks here and the HUGE upside to investing in SIRG.
SIRG is the best penny miner out there with the most potential, bar none.
That is pure fiction. You have no proof that any of that happened, because it didn't.
"The only update that SIRG has had for quite some time....."
Your quote, sorry but WRONG.
"...the BLM said the permitting process is going alright..."
WRONG AGAIN
BLM had much more to say than that.
QUOTES FROM THE ARTICLE & INTERVIEW BY BUZZ TODD. TODD IS FROM BLM:
- "Based on what he's seen, Todd expects for Sierra to have a completed MPO no later than mid-January."
- "Todd expects Sierra to have a complete environmental assessment to present to the community for comment no later than mid-February."
- "They're doing real good," Todd said of Sierra and Paul C. Rizzo Associates' involvement in the process. "I've enjoyed working with them."
- "Todd explained that the process Sierra has gone through up to this point is no different than what other mining companies go through."
This wasn't just a Daily Miner article, this was an interview from BLM. SIRG's financial situation is very common for a start-up, Rod will handle it just as he has handled everything else. Rod has taken SIRG farther than 99% of penny miners ever go, and he will continue to rise above everything.
We are here because we know the risks and SIRG is the best penny miner put there, with the most potential, hence all the jealous attacks.