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you are right--nothing on this board makes sense. lol
wait till Monday. you will see
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
up my man---what do you want it to be??
maybe its fools gold in those sample buckets. pump is over. back to .002
FOOLS GOLD NOW IN VIEW-
Smart moey will be getting out next week starting Monday. More people have bought fools gold and will be bag holders. too bad
This is a great flipping stock buy be careful
this IS a POS. FOOLS GOLD---LOL GOING TO .002 SOON
heading for .002 IMHO. Just a matter of time. Maybe even today.
GDSM GOING UNDER---SCAM----POS
dont wait for PRs, keep hitting the ask and watch it rise.
its up to longs to navigate the ship, many small buys on the ask
will over power small bids. buying can over power selling, We let them take it down but it dosnt have to be that way. buying pressure can put an end to this nonsense
SIRG is the real deal and NOT a scam. it is not for sale.
I forgot to say "IMHO"
This is as low as this dip gets, time to add more to my position.
This is as low as this dip gets, time to add more to my position.
SIRG IS NOT A SCAM
INVESTORS BEWARE OF FALSE STATEMENTS REGARDING SIRG. SIRG IS NOT A SCAM
time to get out of the sand box,the big boys have the game in hand
and are going to take the ball from here. SIRG has pick and shovel in hand and waiting patienly on permit release. Time to be loading more shares for the next run up.
good advice---.001 not that far away.
looks like .002 today. almost time for a flip entry
TIME FOR A DOUBLE SCOTCH---SIRG IS NOT A SCAM
as predicted---.002 tomorrow if not today
LONDON, Aug 6 (Reuters) - Copper rose on Monday, lifted by a strong euro and
encouraging comments from top consumer China that boosted expectations of a
recovery in demand, but persistent concern about the euro zone debt crisis
capped further gains.
London Metal Exchange (LME) three-month copper ended at $7,495 a
tonne, up from the close of $7,445 on Friday when it rose 1.6 percent, its
biggest one-day gain since July 13, after a better-than-expected U.S. jobs
report.
A seasonally slow period for industrial demand due to summer holidays in the
northern hemisphere is keeping copper volumes in check and prices rangebound
between $7,200 and $7,800 per tonne, where they have been stuck since late May.
In a boost to metals prices, the euro rose against the dollar. A weak dollar
makes commodities priced in the U.S. unit cheaper for holders of other
currencies.
Analysts said prices may be jolted out of this range if China's economy, as
expected, picks up late in the third quarter or early in the fourth quarter and
if there is no further marked deterioration in the euro zone's finances.
Chinese industrial production for July, alongside retail sales and inflation
data, is due on Thursday. Those figures will be important for the base metals
market because China is the world's top consumer of most industrial metals,
accounting for 40 percent of refined copper demand last year.
"The Chinese data due later this week has the potential to cause a
significant shift in the mood. And relatively low volumes mean that it could get
quite volatile," said Ross Strachan, economist at Capital Economics.
Investors were reassured by the Chinese central bank's pledge on Sunday to
intensify fine-tuning of monetary policy in the second half of this year and to
improve credit policy to bolster the real economy, echoing earlier government
commitments amid an economic slowdown.
Demand from China has been sluggish so far this year. The market is awaiting
signs that appetite for the metal used in power and construction is picking up
there.
Copper jumped by the most in three weeks
on Friday after data showing U.S. employers hired more workers than expected
last month deflated the dollar and boosted prices of the red metal away from the
bottom end of well-worn range.
Copper rose alongside a 3 percent rally in crude oil and a late-week surge
in equities after the Labor Department said nonfarm payrolls rose 63,000 in
July, breaking three straight months of job gains below 100,000 and offering
some hope for the ailing economy.
But an increase in the jobless rate to 8.3 percent reminded investors of the
still-fragile state of the world's largest economy and kept prospects of further
monetary stimulus from the Federal Reserve on the table.
"The noose ... (is) still around the Fed's neck and everybody is very
cognizant of the fact that we could fall off the economic cliff any day," said
Adam Sarhan, chief executive of Sarhan Capital in New York.
London Metal Exchange (LME) three-month copper rose $115, or 1.6
percent, to end at $7,445 a tonne, its biggest one-day gain since July 13, when
prices soared by nearly 2 percent.
In New York, the COMEX September contract rose 7.70 cents, or 2.3
percent, to settle at $3.3675 per lb after dealing between $3.2985 and $3.3740.
Since May, copper prices have been mired in a range between $7,200 and
$7,800 in London and $3.25 and $3.60 in New York, pushed and pulled between a
waning global growth outlook and a tighter supply base and second-half Chinese
demand prospects.
"Although the numbers are decent, they're not so amazing that the Fed are
going to turn around and say the economy is fine. It will take a long and
sustained period of improving data for the Fed to say that," said Guy Wolf, a
macro strategist at Marex Spectron.
Warren1--I have also verified that the permit request was submitted as you stated. good work.
now we wait on approval.
yup---probably a smarter move.
AVERAGING DOWN?????? GLTY GOING TO .002 very soon. I plan on buying lots when it does. it will mke a good flip
PERMIT REQUEST IS BEING PROCESSED. When approved and releasd,
its on to full speed ahead. ALL ANYONE HAS TO DO IS GET THEIR FACTS STRAIGHT.
Sirg is not a scam!!!!!
Ask the CEO if you trust his answer. I have no idea.
spring is long gone---fall is around the corner. .002 approaching. then a cold winter ahead. what phase is gdsm in??
probably----.002 you are too kind with .0022
The Dunkirk mine is very difficult to access, deep in the Bradshaw Mountains. Since it is private land they will not need as many permits as the GS and GC mines but they will need a US Forest permit to put a road in to the mine. They will need permits to run generators and they will need to pump out the toxic water in the flooded areas and haul it away.
This is a view UP the vertical shaft. Most of the ladder has rotted away.
Rotted ladders to the upper shaft.
Part of the main tunnel.
View of the downward shaft flooded with toxic water, probably containing arsenic and lead.
Main tunnel entrance. Looks like the rails will require replacing.
Mining in 90 days? I don't think so! It will take them 90 days just to clean out the rotted wood and replace it. WSRA already signed a JV
agreement with GEAR to develop the Silver Cord last October for "immediate revenue". Still nothing on that apparently failed project!
The Arizona State Mine Inspector will probably require them to ventilate the tunnels and that would take generators, and a lot of money!
Speaking of money - how are they going to fund the purchase and development of this mine?
There is NOTHING in GDSM's registration that shows any share structure -
http://www.sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=P01000117523&inq_came_from=NAMFWD&cor_web_names_seq_number=0003&names_name_ind=&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=GOLDCOASTMINING&names_filing_type=
http://www.sunbiz.org/pdf/34453196.pdf
Thanks to the recent SIRG board posts, SIRG is on sale right now. Time to load before the permits and funding are announced.
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.
http://i1145.photobucket.com/albums/o504/Rusty_Catanz/Sirgpitwall.jpg
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. He 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
Is the Founder and Managing Partner of Blackpool Partners, LLC a private equity group. Has over 20 years of experience a 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.
MICHEL ROWLAND, VP/EXPLORATION/DIRECTOR AGE 73
Geologist and Qualified Person ( Q.P.) for the form 43-101F1 has many decades of experience as a successful VP of Operations and VP of Exploration for some top mining and mining exploration companies. His skill and extensive experience in exploration and exploitation phases of mining operations qualify him to serve as VP Exploration. He received a Geologist Engineer degree in 1973 from Escuela Politecnia Nacional, Quito, Ecuador, a Master degree in Geology from Dijon University, France in 1961, and a Bachelor degree in Geology from Paris University in 1960.
TRAVIS M. SNIDER, SENIOR V.P. OF OPERATIONS
Current Director for Alliance Mining Corp where he advises on exploration and permitting in the USA, negotiates with local, state and federal agencies, assists with the process of raising money for future operations and locates and evaluates new properties.
He has worked for Wilcox Professional Services as Vice President of Mining and Oil and has worked in a supervisory capacity for Phelps Dodge, Mactec Engineering, Quality Testing and ATL.
He holds B.S. Environmental Chemistry – Arizona State University and numerous 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 – Boot Camp.
LUIS MUNOZ, DIRECTOR AGE 31
A lawyer and was just appointed to a top legal government position in Ecuador. In 2004, he received a Doctor of Law Degree from Universidad International del Ecuador located in Quito, Ecuador. Mr. Munoz’ extensive legal experience with business management and corporate transactions and with the laws of South America, where the Company intends to expand, qualify him to serve as a director.
RICARDO CORDÓN, DIRECTOR AGE 55
President and COO, ARC, Guatemala, since 1988, providing IT systems and business process optimization. His customers include some of Central Ameras largest companies. He is a graduate with Honors of Princeton University. His experience and skills in business management, business process optimization and IT systems consulting qualify him to serve as a director.
TIMOTHY BENJAMIN, CHAIRMAN OF THE BOARD/DIRECTOR AGE 45
Manager, Process Improvements at Assurant Solutions Inc., a Fortune 300 company. 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. His experience and skill in public company accounting, compliance and reporting make him qualified to serve as Chairman.
BARTON R. BUDMAN CFO/DIRECTOR
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.
CARLOS F. CORDÓN, DIRECTOR
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, 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
FLOAT 222,210,154
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)
SIRG hired Marcum as their new accounting firm!
SIRG was featured on a STT Radio Broadcast. http://ih.advfn.com/videos/market-commentary/...aP7pFjt7hQ
down to .002 today. glty
what phase is this stock in??? losing phase on the way down
Sirg is not scam. The pps has dropped but it will recover. Maybe even today.
The Rizzo Report 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 13 Mlbs. 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 5Mlbs/annum, that would support a 10 year mine life.
http://www.sierragroupinc.com/wp-content/uploads/2012/05/L10-Chloride-Copper-Resource-Report.pdf
This report was done by an international mining consulting company and proves that SIRG is a real company with real ore reserves.
http://www.rizzoassoc.com/cms/
is this phase 111 , 1V OR V----LOL Looks like another disappointment is approaching