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Recent filings... I think us investors should feel real good about the filings as it shows just how serious our BOD is about getting the bad notes off the books and to get funding so mine can get up and running asap. I think other investors will follow suit over the next weeks and funding should be forthcoming. Won't be long!
Wow! Somebody needed $142! They're gonna regret that one lol!
My guess is this was recommended and necessary to acquire funding!
I spoke to my broker about this and he mentioned they "probably" (stress!) did this to satisfy prior funding parameters or to secure a pending funding deal. I imagine it has something to do with Asher's convertible notes and the need to satisfy those but it definitely dilutes the shares in the meantine which could take the stock lower with so many outstanding shares to sell. Lmcat may have a better take on this. I'm hoping its for a pending funding deal!
Do you think this is something Rod would answer publicly?
I look forward to it! We all certainly deserve it.
Would like to hear lmcat's thoughts. Hopefully its a good sign that a funding group asked for???!
Looks like people are taking that tax loss??? They're gonna be sorry when SIRG gets funding next year! My guess is they'll be buying back in next week though.
Board's quiet, lots of shares trading today tho!
You obviously care or you wouldn't respond! You're not "winning" letting someone else get you riled up.
Maybe he doesn't need "pay" from SIRG? Just a thought.
It's Rod and yes he exists. We've communicated a couple of times. And no, nothing of significance but that wasn't your question lol!
I agree silvestrike, $6???! And I commend you on your English, all anyone can ask is that someone try. Hell, I'd probably trade you my accent for your English, lol!
Lmcat, why do you think the bid is only .002 and the ask .0035?
'Long run' is relative my friend, lol!
It's def payday with all the buying lol! Be a great day for funding approval too! May God shine on all of us!
They show here...
http://www.otcbb.com/asp/Info_Center.asp
Always good to see buys!!!
Think you should let Rod know about that!
Here's to PR!!! May we hear you sooner rather than later, what a Xmas present you will be!
Yes it will!
Damn day traders! Lol
Yes, I have.
Ah. I don't waste time for that stuff.
Why do you care? Guess your "good life" rolls on, and it must be REALLY boring, LOL!
Any reason you waste time posting on a,stock you don't like or is your life so full of good things to do you feel compelled to b*&%$@?
That's what I figured glad hes doing things the right way! The fact they paid ALS to do testing shows he's serious about making this work.
Rod finally emailed me back after several attempts and just said he was not at liberty to discuss anything and that he was following the company's business plan.
Not sure what to read into it tho. Maybe he can't discuss progress due to SEC regulation???
Thanks lmcat, u provide a lot of good info and positive points! I'm holding steady!
It will be! When funding comes thru we'll be on our way!
I believe u r correct!!! Funding news will send this stock soaring!
Here's the full report...
http://www.sec.gov/Archives/edgar/data/1076966/000110801711000464/sierra10q911.htm
Lmcat, maybe you can read and summarize for us and provide your thoughts???
Doesn't sound promising, ugh.
http://biz.yahoo.com/e/111116/sirg.ob10-q.html
"The primary effort of the Company is to acquire the necessary funding to bring the Chloride Copper Mine into production in order to generate working capital from its operation.
However, without obtaining the necessary funding, there is substantial doubt about our ability to continue as a going concern.
Total Assets were approximately $8,084 at September 30, 2011 compared to $23,431 at December 31, 2010. The decrease in total assets is exclusively attributed to funds used for working capital during the first quarter related to professional fees of a public company."
I'm hoping this is just lawyer speak to appease SEC!
Guess somebody needed their $3500!
Lol, not sure what you define as "Rocket Ship" but it did go up... a smidge! When it gets over .10, maybe I'll call it a rocket ship! Keeping fingers crossed!
I'm shocked everyday that goes by and funding still not announced. Maybe the Euro crisis has got the banks lending dept scared??? I still think the bank has a safe bet with SIRG tho! Now lets get that funding!
I gotta great feeling we are going to hear good news very soon and we can all watch those dimes roll up!!!
It will!!!
Lmcat, what are the benefits for having subscription to Level 2?