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Imcat--I always like your DD. it is always very thorough. a great job you do on this board. Sirg is always represented with due diligence.
OPPORTUNITY--- THATS THE KEY WORD-----All we are waiting for now is permit approval and release then production can start.
SIRG - a real company with real assets.
http://www.sierragroupinc.com/
SIERRA is a U.S. based mining company, headquartered in Nevada, committed to returning the Chloride Copper Mine in NW Arizona to production in early 2013. SIRG is currently working through the permitting process. SIERRA is a OTCQB (STOCK SYMBOL: SIRG) and owns 80% of the mine. SIRG plans to expand through acquisitions and JVs throughout the Americas in the near future. SIERRA is committed to exploring, responsibly and maintaining environmentally friendly policies while impacting the local economy in a positive manner that will allow its shareholders to take pride in their investment.
The Chloride Copper property consists of 37 unpatented lode mining claims and 12 millsite claims, and is located 24km northwest of Kingman, in the Wallapai District, Mohave County, Arizona. An open pit mine and the existing SXEW processing plant operated at the site from 1995 before being idled in 1996 due to low copper prices.
The Chloride Copper property consists of 37 unpatented lode mining claims and 12 millsite claims, and is located 24km northwest of Kingman, in the Wallapai District, Mohave County, Arizona. An open pit mine and the existing SXEW processing plant operated at the site from 1995 before being idled in 1996 due to low copper prices.
Paul C. Rizzo Associates, Inc. (www.rizzoassoc.com) was hired in Jan to assist with the permitting, testing, heap leach pad design and re-engineering the pit.
The Rizzo Repost was released on April 30th. It increased the reserves and they are higher than previously estimated. The existing ore below the current bench levels from 3695 to 3420 values known between 3420 and 3310 could add another 13Mlbs. Many holes were abandoned with higher than cut-off grade Cu values in and around the existing pit. Their continuation at depth could prove additional resources. Based on the forgoing, it is safe to assume that the current known resources would provide a minimum of 50 Mlbs of ore; at 5Mlb/annum, that would support a 10 year mine life.
http://www.sierragroupinc.com/wp-content/uplo...Report.pdf
On June 6th SIRG hosted a town hall meeting in Chloride for the locals, the town officials and BLM agents.
J. Rod Martin, CEO, at the Chloride Town Hall Meeting.
SIRG awarded a contract to Desert Construction to handle the dig/load/haul operations. ( http://www.desertconstruction.net/ )
Sierra has assembled an international executive senior management team.
J. Rod Martin, CEO/Director, age 49
He was appointed CEO on August 26, 2011 to replace the deceased Patrick R. Champney. He founded and is a Managing Partner of Blackpool Partners, LLC a private equity group. Mr. Martin has worked as an independent investment banker and acted as a consultant to public and private companies for over 20 years, also acting in a managerial and Senior VP Position of a national brokerage from 1987to 1990. Mr. Martin began his working career as Director of Marketing and Sales for Martin Machinery Company, a family-based industrial machine tool sales and distribution company. Mr Martin has a B.S. in Marketing and Finance from the University of Arkansas. His experience, as a principal and senior officer in public and private companies including experience with start-up operations, as well as his experience with financing transactions qualify him to serve as CEO.
Michael Rowland, VP - EXPLORATION/ DIRECTOR, age 73
Geologist and Qualified Person (Q.P.) for the form NI 43-101, has many decades of experience as a successful VP of Operations and VP of Exploration for some top mining and mining exploration companies. He served as Project Manager in the Dynasty gold field, exploring and drilling for gold, silver and copper. Prior to 2004, he worked for companies such as COGEMA from France, RUMICURI from Ecuador, ECUASAXON and Minera Australiana from Canada and Australia, Vicente Coronel Compania from Ecuador, Petro-Canada, Fougerolle from France, Coyne et Bellier from France, and the Department of Commerce of France. He received a Geologist Engineer Degree in 1973 from Escuela Politecnia National, Quito, Ecuador; a Master Degree in Geology from Dijon University, France and a Bachelor Degree in Geology from Paris University.
Travis M. Snider, SR. VP of Operations
Current Director for Alliance Mining Corp. where he advises on exploration and permitting. He negotiates with local, state and federal agencies. He was with Wilcox Professional Services as VP of Mining and Oil and has worked in a supervisory capacity for Phelps Dodge, Mactec Engineering, Quality Testing and ATL.
He holds a B.S. in Environmental Chemistry from ASU and has certifications including ATTI Techniques for an Empowered Work Force - DDI, MSHA, Surface & Underground Mine, OSHA, HAZWHOPER Hazardous Waste Training, ASTM, Environmental Phase I and Phase II, ISO 9000 Auditor, ISO 14001 Auditor and Project management.
Luis Munoz, Director, age 32
A lawyer and recently appointed to a top legal government position in Ecuador. In 2004 he received a Doctor of Law Degree from Universidad International de Ecuador. His extensive legal experience with business management and corporate transactions and with the laws of South America, where SIRG intends to expand, qualify him to serve on the BOD.
Ricardo Cordon, Director, age 55
President and COO, ARC, Guatemala, since 1988, providing IT systems and business process optimization. His clients include some of Central America's largest companies. He graduated from Princeton University with honors. His experience and skills in business management, business process optimization and IT systems consulting qualify him to serve on the BOD.
Timothy Benjamin, Chairman of the Board/Director, age 45.
Manager, Process Improvements at Assurant Solutions, Inc., a Fortune 300 compan y. Manager of DFS Claims Financial Analysis & Reporting since 2003. He has many years experience as CFO for public and private companies as well as performing financial and compliance due diligence for these companies. He also held supervisory positions with the Federal Reserve Bank of Atlanta . He received his MBS in 1995 and his Bachelor's of BA in 1989, both from Florida International University. His experience and skill in public company accounting, compliance and reporting make him qualified to serve on the BOD.
Barton R. Budman, CFO/Director
A Certified Public Account licensed in the state of Florida. He also a member of the Board of Directors. Mr. Budman is a Certified Public Accountant licensed in the state of Florida. Since 2007, Mr. Budman has served as the Chief Financial & Operating Officer for a world renowned mega-yacht manufacturer, chartering company, and real estate investment & development organization, Broward Yacht & Marine / LPI Holdings, LLC with total annual revenue in excess of $135 million. From 2002 to 2007, Mr. Budman held a Partner position at a regional accounting and consulting firm, Garcia, Espinosa, Miyares, & Co, where he was instrumental in co-building and managing the firm. While with the accounting firm, Mr. Budman practiced in all areas of public accounting including tax, accounting and auditing, operational business consulting, mergers and acquisitions, litigation support, initial public offerings, SEC compliance, and financial and tax transactional due diligence serving public and privately held clients. He also worked as a Senior Audit Manager and Consultant for the accounting firm from 1997 to 2000. From 2000-2002, Mr. Budman served in a variety of executive level financial positions at Tech Inspirations, a venture capital firm based in Miami, and as Chief Financial Officer for XBOX Technologies, a publicly held technology incubator eventually acquired by Microsoft Corporation. Mr. Budman holds dual BBA degrees in accounting and finance as well as a Masters of Business Administration from the University of Miami.
Mr. Carlos F. Cordon, Director, age 52
is the Commercial liaison, since 2011, for the development of telecommunications, mining and energy projects between the Chinese Government Foreign Development Agency and the Central American Business Community. Founder and Director of Tacontento International Corp, a chain of Mexican restaurants with more than 20 locations in five countries. Founder and Director, Los Ranchos, Guatemala, 1994-2011, a steak house chain, with more than a dozen location in 4 countries, including several locations in south Florida. Founder and Director, Yogen Fruz, Central America, Central American Franchisee, 1992-2011, Yogen Fruz is a publicly traded Canadian company and one of the largest frozen yogurt franchising companies in the world. Founder and Director, Mayan Republic Brand, Guatemala, 1985-1995, a merchandiser of hand loomed textile clothing exported to the US and Europe. Director and Member Asociación Guatemalteca de Franquicias and Guatemala Rainforest Foundation. Member Asociación de Gerentes de Guatemala.
J. Rod Martin's 5277 Partners LLC bought 9,700,000 shares of SIRG - 10-05-2010. SEC Schedule 13d
Authorized shares 440,000,000
Total issued and outstanding: 343,695,154
Total restricted: 51,485,000
a/o July 31, 2012
Danielle Case, Client Service
Pacific Stock Transfer Company
4045 S. Spencer Street, Suite 403
Las Vegas, NV 89119
Phone: 702-361-3033 Ext 118
Toll Free: 800.785.PSTC (7782)
Sierra Resource Group, Inc. engaged Marcum, LLC (“ Marcum ”) as its new independent registered public accountants, effective July 25, 2012. The decision to change accountants was recommended and approved by the Company’s board of directors. This action effectively releases Tarvaran, Askelson & Company, LLP (“ TAC ”) as the Company’s independent auditor.
Marcum is one of the top 15 accounting firms in the U.S.
SIRG was featured on a STT Radio Broadcast. http://ih.advfn.com/videos/market-commentary/...aP7pFjt7hQ
"We all know our CEO is smarter than that" yes we do!!!
This CEO is going to guide this company into production. plans are in progress now. We wait as each step is completed. Risk very low and reward can be very high.
its a good feeling to know that my investment is under control of honorable well educated men. I am very excited that SIRG is being guided by such men. ORIGINALLY when i invested in this company that was one of the main reasons I felt very comfortable and still do. I keep adding to my position every month and have not been disappointed.
The low risk and high reward is the main reason I continue
with this stock.
AGAIN I repeat to my knowledge there has never been a statement by the company that funding has been secured. however when permits have been approved and released I expect SIrg will announce status of funding. So we wait patiently so there plan can executed.
There are so many people who 100% agree with you. Onlt a small minority have doubts but their reasons are unclear. when funding is announced ,the final plan can be executed. We will all be rewarded for our patience.
Please reread my post---I never said funding was secured
funding has not been announced as of today. My opinion it will be announced after all permits have been approved and released
yes I agree---minimal risk and huge reward
execution of plan is only delayed by permit approval and annocement of funding. sounds simple if you say it fast but I am sure it is not. great reward when plan is completed
Good morning Ballstreet--Wise men do wise things. I too keep adding to my position. love the odds
Whats tangled???? honest people doing there job. IMHO
VERY IMPRESSIVE RESUMES OF CEO AND BOARD MEMBERS
SIRG has an honest CEO and the board is made up of very elete,outstanding
citizens. upper class and very knowledgable. I feel very secure in this stock and might add putting up a lot of money betting
on a very sucessful outcome.
SIRG is not a scam. honest CEO AT THE HELM
Sirg is on its way up. Tomorrow will be interesting
you still have a chance to join the party
love your charts---lol
Price of Gold has no impact on this stock. none.
yup----maybe down to .0016 when it breaks below .002
.002 seems to be a fair entry point for a flip
has GDSM mined at least one ounce of gold on any claim?? get ready for another dowwn day. the charts are not looking very strong. if samples in buckets is the best effort of this compampany its doomed to fail. IMHO
GDSM is on my flipping list when it reachs .002
Mercator is off topic to this board
SIRG chances of suceeding is huge.
down to .002 tomorrow
still Mercator is not the subject of this board
mercator is not the subject of this board
There will not be a reverse split. looks like rumors are on the menue today.
Sirg is making all the moves to open and operate a copper mine
Sierra Resource Group, Inc. ( OTCBB : SIRG) (the "Company" or "Sierra") announced today that on August 1, 2012 it awarded the transfer and modification of its existing Aquifer Protection Permit to CDM Smith ( www.cdmsmith.com ) a full service, consulting, engineering, construction, and operations company that guides clients across the project life cycle in water, environment, transportation, energy, and facilities.
"We looked at a host of well qualified companies to handle this very important permit process and feel confident in our selection of CDM Smith," said J. Rod Martin , Chief Executive Officer of Sierra.
CDM Smith will prepare all materials for permit transfer, will prepare the BADCT demonstrations for the new facilities as contemplated by Sierra for future operations, will prepare the Amendment (Modification) Application package and final application for submittal and will fully manage the project to completion including handling all meetings with ADEQ and Sierra.
"CDM Smith is well versed in this type of permitting and its inner team has a wealth of experience in dealing with ADEQ," said J. Rod Martin , Chief Executive Officer of Sierra.
THERE IS NO MUMBO-JUMBO---facts speak for itself. Company (SIRG) is progressing very nicely. Even a blind man can see the progress
against the plan. Sirg is no scam
always asking questions with no answers can lead to no where.
sirg is going to exceed most all minimum expectations. the vision is there for all to see. Even a blind man can see this stock is no scam.This company is working very hard to be sucessful. see the progress already made. watch what happens tomorrow. IMHO
Another green day tomorrow is forecasted---IMHO Todays PR just indicates how fast SIRG is moving forward. Their plans keep developing like clock work.
Sirg plan is very much in tact and is falling into place step by step. SIRG is not a scam . All issues are being addressed in the stated time line.All we need to do is wait as Sirg completes the processes. AND THEY WILL!!
painting end of day is a common practice---most people know that by now. I was expecting a bid whack end of day at .0065
at end of yaear it will not matter what transpires each day.
KEEP READING---ITS NOTE 5 PARA GRAPH 13
YES IT WAS USE AS A WRIGHT OFF AGAINST TAXES--- BUT THEY STILL OWN THE PROPERTY---IT DID NOT DISAPPEAR
SIRG IS VERY CREDIBLE AND NOT A SCAM
Effective February 20, 2012 the board of directors approved the purchase of half of the minority interest in the Chloride Copper Mine from the Medina Property Group, LLC under the terms of a letter of intent. The execution of this transaction would increase SIRG's interests in the Chloride Copper Mine to 90%. SIRG paid an initial deposit in February 2012 of $6,500 for the additional interest. The letter of intent has been extended to October 1, 2012 at which time a definitive agreement is expected to be executed
Please read page 16 paragraph 13
fair value of of financial instruments
SIRG - a real company with real assets.
http://www.sierragroupinc.com/
SIERRA is a U.S. based mining company, headquartered in Nevada, committed to returning the Chloride Copper Mine in NW Arizona to production in early 2013. SIRG is currently working through the permitting process. SIERRA is a OTCQB (STOCK SYMBOL: SIRG) and owns 80% of the mine. SIRG plans to expand through acquisitions and JVs throughout the Americas in the near future. SIERRA is committed to exploring, responsibly and maintaining environmentally friendly policies while impacting the local economy in a positive manner that will allow its shareholders to take pride in their investment.
The Chloride Copper property consists of 37 unpatented lode mining claims and 12 millsite claims, and is located 24km northwest of Kingman, in the Wallapai District, Mohave County, Arizona. An open pit mine and the existing SXEW processing plant operated at the site from 1995 before being idled in 1996 due to low copper prices.
The Chloride Copper property consists of 37 unpatented lode mining claims and 12 millsite claims, and is located 24km northwest of Kingman, in the Wallapai District, Mohave County, Arizona. An open pit mine and the existing SXEW processing plant operated at the site from 1995 before being idled in 1996 due to low copper prices.
Paul C. Rizzo Associates, Inc. (www.rizzoassoc.com) was hired in Jan to assist with the permitting, testing, heap leach pad design and re-engineering the pit.
The Rizzo Repost was released on April 30th. It increased the reserves and they are higher than previously estimated. The existing ore below the current bench levels from 3695 to 3420 values known between 3420 and 3310 could add another 13Mlbs. Many holes were abandoned with higher than cut-off grade Cu values in and around the existing pit. Their continuation at depth could prove additional resources. Based on the forgoing, it is safe to assume that the current known resources would provide a minimum of 50 Mlbs of ore; at 5Mlb/annum, that would support a 10 year mine life.
http://www.sierragroupinc.com/wp-content/uplo...Report.pdf
On June 6th SIRG hosted a town hall meeting in Chloride for the locals, the town officials and BLM agents.
J. Rod Martin, CEO, at the Chloride Town Hall Meeting.
SIRG awarded a contract to Desert Construction to handle the dig/load/haul operations. ( http://www.desertconstruction.net/ )
Sierra has assembled an international executive senior management team.
J. Rod Martin, CEO/Director, age 49
He was appointed CEO on August 26, 2011 to replace the deceased Patrick R. Champney. He founded and is a Managing Partner of Blackpool Partners, LLC a private equity group. Mr. Martin has worked as an independent investment banker and acted as a consultant to public and private companies for over 20 years, also acting in a managerial and Senior VP Position of a national brokerage from 1987to 1990. Mr. Martin began his working career as Director of Marketing and Sales for Martin Machinery Company, a family-based industrial machine tool sales and distribution company. Mr Martin has a B.S. in Marketing and Finance from the University of Arkansas. His experience, as a principal and senior officer in public and private companies including experience with start-up operations, as well as his experience with financing transactions qualify him to serve as CEO.
Michael Rowland, VP - EXPLORATION/ DIRECTOR, age 73
Geologist and Qualified Person (Q.P.) for the form NI 43-101, has many decades of experience as a successful VP of Operations and VP of Exploration for some top mining and mining exploration companies. He served as Project Manager in the Dynasty gold field, exploring and drilling for gold, silver and copper. Prior to 2004, he worked for companies such as COGEMA from France, RUMICURI from Ecuador, ECUASAXON and Minera Australiana from Canada and Australia, Vicente Coronel Compania from Ecuador, Petro-Canada, Fougerolle from France, Coyne et Bellier from France, and the Department of Commerce of France. He received a Geologist Engineer Degree in 1973 from Escuela Politecnia National, Quito, Ecuador; a Master Degree in Geology from Dijon University, France and a Bachelor Degree in Geology from Paris University.
Travis M. Snider, SR. VP of Operations
Current Director for Alliance Mining Corp. where he advises on exploration and permitting. He negotiates with local, state and federal agencies. He was with Wilcox Professional Services as VP of Mining and Oil and has worked in a supervisory capacity for Phelps Dodge, Mactec Engineering, Quality Testing and ATL.
He holds a B.S. in Environmental Chemistry from ASU and has certifications including ATTI Techniques for an Empowered Work Force - DDI, MSHA, Surface & Underground Mine, OSHA, HAZWHOPER Hazardous Waste Training, ASTM, Environmental Phase I and Phase II, ISO 9000 Auditor, ISO 14001 Auditor and Project management.
Luis Munoz, Director, age 32
A lawyer and recently appointed to a top legal government position in Ecuador. In 2004 he received a Doctor of Law Degree from Universidad International de Ecuador. His extensive legal experience with business management and corporate transactions and with the laws of South America, where SIRG intends to expand, qualify him to serve on the BOD.
Ricardo Cordon, Director, age 55
President and COO, ARC, Guatemala, since 1988, providing IT systems and business process optimization. His clients include some of Central America's largest companies. He graduated from Princeton University with honors. His experience and skills in business management, business process optimization and IT systems consulting qualify him to serve on the BOD.
Timothy Benjamin, Chairman of the Board/Director, age 45.
Manager, Process Improvements at Assurant Solutions, Inc., a Fortune 300 compan y. Manager of DFS Claims Financial Analysis & Reporting since 2003. He has many years experience as CFO for public and private companies as well as performing financial and compliance due diligence for these companies. He also held supervisory positions with the Federal Reserve Bank of Atlanta . He received his MBS in 1995 and his Bachelor's of BA in 1989, both from Florida International University. His experience and skill in public company accounting, compliance and reporting make him qualified to serve on the BOD.
Barton R. Budman, CFO/Director
A Certified Public Account licensed in the state of Florida. He also a member of the Board of Directors. Mr. Budman is a Certified Public Accountant licensed in the state of Florida. Since 2007, Mr. Budman has served as the Chief Financial & Operating Officer for a world renowned mega-yacht manufacturer, chartering company, and real estate investment & development organization, Broward Yacht & Marine / LPI Holdings, LLC with total annual revenue in excess of $135 million. From 2002 to 2007, Mr. Budman held a Partner position at a regional accounting and consulting firm, Garcia, Espinosa, Miyares, & Co, where he was instrumental in co-building and managing the firm. While with the accounting firm, Mr. Budman practiced in all areas of public accounting including tax, accounting and auditing, operational business consulting, mergers and acquisitions, litigation support, initial public offerings, SEC compliance, and financial and tax transactional due diligence serving public and privately held clients. He also worked as a Senior Audit Manager and Consultant for the accounting firm from 1997 to 2000. From 2000-2002, Mr. Budman served in a variety of executive level financial positions at Tech Inspirations, a venture capital firm based in Miami, and as Chief Financial Officer for XBOX Technologies, a publicly held technology incubator eventually acquired by Microsoft Corporation. Mr. Budman holds dual BBA degrees in accounting and finance as well as a Masters of Business Administration from the University of Miami.
Mr. Carlos F. Cordon, Director, age 52
is the Commercial liaison, since 2011, for the development of telecommunications, mining and energy projects between the Chinese Government Foreign Development Agency and the Central American Business Community. Founder and Director of Tacontento International Corp, a chain of Mexican restaurants with more than 20 locations in five countries. Founder and Director, Los Ranchos, Guatemala, 1994-2011, a steak house chain, with more than a dozen location in 4 countries, including several locations in south Florida. Founder and Director, Yogen Fruz, Central America, Central American Franchisee, 1992-2011, Yogen Fruz is a publicly traded Canadian company and one of the largest frozen yogurt franchising companies in the world. Founder and Director, Mayan Republic Brand, Guatemala, 1985-1995, a merchandiser of hand loomed textile clothing exported to the US and Europe. Director and Member Asociación Guatemalteca de Franquicias and Guatemala Rainforest Foundation. Member Asociación de Gerentes de Guatemala.
J. Rod Martin's 5277 Partners LLC bought 9,700,000 shares of SIRG - 10-05-2010. SEC Schedule 13d
Authorized shares 440,000,000
Total issued and outstanding: 343,695,154
Total restricted: 51,485,000
a/o July 31, 2012
Danielle Case, Client Service
Pacific Stock Transfer Company
4045 S. Spencer Street, Suite 403
Las Vegas, NV 89119
Phone: 702-361-3033 Ext 118
Toll Free: 800.785.PSTC (7782)
Sierra Resource Group, Inc. engaged Marcum, LLC (“ Marcum ”) as its new independent registered public accountants, effective July 25, 2012. The decision to change accountants was recommended and approved by the Company’s board of directors. This action effectively releases Tarvaran, Askelson & Company, LLP (“ TAC ”) as the Company’s independent auditor.
Marcum is one of the top 15 accounting firms in the U.S.
SIRG was featured on a STT Radio Broadcast. http://ih.advfn.com/videos/market-commentary/...aP7pFjt7hQ
DTCC CHILL REMOVED!
On or about January 2012, the Depository Trust & Clearing Corporation (“DTC”) suspended post-trade settlement services (known as “Global Lock” or “Chill”) for our securities. Upon our inquiry, the compliance department at the DTC advised us that the Global Lock had been instituted due to their uncertainty about the valid issuance of shares of our company held in street name under their nominee Cede & Co. Our management subsequently provided documentation necessary to lift the Global Lock, and on August 14, 2012, the DTC advised us that they had resumed accepting deposits of the Company’s stock for depository and book-entry transfer services.