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And now for the disclaimer. Lol
X FORWARD-LOOKING STATEMENTS:
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause materially different results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
For a discussion of these risks and uncertainties, please see our filings with the OTC Markets Group Inc. Our public filings with the OTC Markets Group Inc are available from commercial document retrieval services and at the website maintained by the OTC Markets at: https://www.otcmarkets.com/stock/SDRC/disclosure
Not sure who writes this gobbledygook but the disclaimer should probably come before the PR. Lol
COEUR D' ALENE, ID / ACCESSWIRE / May 8, 2023 / Sidney Resources Corporation (OTC PINK:SDRC) is pleased to announce the exploration and development plans for the Lucky Ben and Walla Walla project sites near Warren, Idaho, this season. Based on previous dates for when the road was plowed open by the Valley and Idaho County Road departments, the company anticipates that the route into Warren, which provides access to Lucky Ben, will be available between May 26 and June 18. It is anticipated that access to the Walla Walla project site will begin around July 15.
Operations at the Lucky Ben Project will be concentrated on the ore body located beneath the first previously mined stope and on modeling and projecting this year's production as a test case to accurately determine the nugget effect on assay results. The Lucky Ben is situated in the Warren Mining District, about 110 miles north of Boise, Idaho. Resource models, such as fire tests and qualified person assessments, will be produced by the company. This is a test of modeling from assays, and by using this approach, the company can determine how well the estimate performs with a clearly defined zone and the best way to account for the nugget effect in the assays.
The Mineral Resource Estimate Report (MRE) for this ore body will be prepared by Peter Ellsworth, P.G., a Qualified person (QP). The company has provided a substantial collection of fire assay samples, including drill core samples from directly intersecting the vein, as well as numerous historical records for review. With 37 years of expertise in mining and mineral exploration, Mr. Ellsworth is a professional geologist who is currently in his 30th year as an independent consultant. Proficient in project management, corporate leadership, and all aspects of geologic work connected to natural resource exploration and development. He is qualified in accordance with Canadian National Instrument 43-101 and the Australian JORC code.
The company will be able to drift directly on the vein and stope the ore body thanks to the work on the lower tunnel that was finished last year. As soon as possible, a specially constructed mill will be moved onto the property. The mill's design necessitates just a small amount of power and recycles water utilized between clean and effluent storage tanks. To generate the sample, the mill
contains an auto-sampler in the tail stream. The mill's size is ideal for on-site transportation up the winding, narrow Arlise Gulch Road.
All of the work planned at Lucky Ben will be carried out on private property. The permit work is currently underway. The work to fully open the historic original tunnel to the face will take place in tandem with the operations in the lower tunnel. The company's objective is to identify additional previously mined stopes and conduct an extensive sampling program in accordance with the guidelines established for producing a complete 43-101 report.
Operations at the Walla Walla Project will include a full assessment of past operations and develop an operations plan specific to this location. The Walla Walla Project is within the Marshall Lake Mining District, Idaho County. Approximately 10 miles from the Lucky Ben Project, the Walla Walla Mine is a high grade gold vein located near the historic Kimberly and Warren Mining Districts. The claim group consists of a total of 47 lode claims or 1.61 square miles. The company has the capability to set up a mill on the property if it is determined that a similar program being undertaken at Lucky Ben is the best course of action at Walla Walla.
Sidney Resources Corporation is excited to be embarking on this season's exploration and development plans for the Lucky Ben and Walla Walla project sites. The company believes that these projects have the potential to generate significant value for its shareholders and looks forward to providing further updates on progress as they become available.
In other exciting news, the U.S. Forest Service has approved the permit for the construction of the new access road to the Lucky Ben. The permit allows for up to five years to complete the road's construction.
Contact & Learn More:
Sidney Resources Corporation
Phone: 509-552-9858
dan@sdrccorp.com
Corporate Website: https://sidneyresources.com/
Corporate Linkedin: https://www.linkedin.com/company/sidney-resources-corp/
Corporate Twitter: https://twitter.com/SDRCMINING
Corporate Instagram: https://www.instagram.com/sidney_resources_corp/
About Sidney Resources Corp.
Originally founded in 1896 and incorporated in 1910, Sidney Resources Corporation is a clean technology, clean refining, clean water, exploration, and extraction company that strives to change the way the world develops. Most importantly, these efforts will provide a better, cleaner world so our children can express their brilliance to the highest of their potential without the teratogens and toxins that inhibit development. Our future lies in our future generation's ability to solve problems. Our focus is to develop technologies and implement cleaner methodologies that are not only positive from an economic perspective but are also designed to maintain a sustainable future.
8thaero quote “ Feller seems to feel I give a him hoot ”.
Your original post is still up for all to see, and was a reply that singled out one of my posts from a few days ago. Is there any other logical conclusion that could be drawn from that??
Obviously your comprehension skills are lacking, or maybe you didn’t fully read my last reply to you. Maybe have another go at it, or put it up on the private board like you usually do, and maybe you, Miz Ellie and Malengold can muddle though the badgering. I care as much about their opinions as I do yours, which is zero.
As per usual, most people have no idea what you are saying in your poorly written diatribes that makes a butchery of English and grammar.
I can’t imagine that there would be more than a few of them, and probably only family members at that, but Obviously you have me confused with someone who gives a crap about your opinion. You have been wrong about Mexus since day 1, even when you had PT’s ear to everything Mexus , while others had to wait for PR’s . You claim to be down $1.5 million in a subpenny stock. Not much of a guru in my opinion, with a nasty disposition to boot, and not someone any Mexus shareholder should take seriously. Maybe you wouldn’t have lost all your money if you had of paid heed to what was being posted here?
I have been and still am a Mexus shareholder since 2016, and will continue to post what I see fit. Go crawl back to your private board and chew on that, with the one or two posters that still tolerate your nonsense.
That was quite a blast from the past Mahatmapaul .
Pretty much everything turned out to be the opposite of what he said.
Quote” Mr. Paul Thompson: Yeah. We have a lot of true Mexus supporters. A lot of people have been with us from the beginning, and they understand and appreciate what we're doing by not going out and borrowing millions of dollars, as some companies do. We've been offered all kinds of wild financing options. It's just not the right thing for Mexus to do, and we don't need it. Quite truthfully, with MarMar out front and quickly putting San Elena into production, our cost is $35,000 a month. It's nothing. The costs of producing an ounce of gold at the San Elena will be $450 an ounce.”
What a steaming pile of horseshit! He knew when he did that interview, that Mexus was already blowing through hundreds of thousands of dollars per month.
They averaged operating expenses of approx
$259K per month for Fiscal year 2018
$271K per month for Fiscal year 2017, and
$145.8K per month for Fiscal year 2016
And he was going out and borrowing $Millions of dollars at toxic rates, even after saying he wouldn’t do it anymore.
Consulting Services 2016 $592K
Consulting Services 2017 $1.8 million
Consulting Services 2018 $1.3 million
General and Administrative 2016 $738K
General and Administrative 2017 $845K
General and Administrative 2018 $972K
Ridiculously high numbers for such an operation.
It’s sad that some are so blind to the truth that you get attacked on the private Mexus board for posting facts here.
SDRC SECURITY DETAILS 04/19/2023
Authorized Shares. 500,000,000. 04/19/2023
Outstanding Shares 338,170,559 04/19/2023
Restricted Shares. 208,992,703 04/19/2023
Unrestricted Shares 129,177,856. 04/19/2023
Increase of approx 12.2 million shares issued
Authorized Shares. 500,000,000. 03/27/2023
Outstanding Shares. 325,970,559. 03/27/2023
Restricted Shares. 202,792,703. 03/27/2023
Unrestricted Shares. 123,177,856. 03/27/2023
Increase of approx 16.2 million shares issued
Authorized Shares. 500,000,000. 02/06/2023
Outstanding Shares. 309,727,293. 02/06/2023
Restricted Shares. 188,049,437. 02/06/2023
Unrestricted Shares 121,677,856. 02/06/2023
Authorized Shares. 500,000,000. 08/18/2022
Outstanding Shares. 306,647,953. 08/18/2022
Restricted Shares. 188,070,097. 08/18/2022
Unrestricted Shares. 118,577,856. 08/18/2022
UPDATED MXSG SECURITY DETAILS 04/10/2023
Outstanding shares increased by approx 28 million over past 2 months
Authorized Shares. 5,000,000,000. 04/10/2023
Outstanding Shares. 1,315,346,047. 04/10/2023
Restricted Shares. 629,619,379. 04/10/2023
Unrestricted Shares. 685,726,668. 04/10/2023
MXSG SECURITY DETAILS 02/13/2023
Outstanding Shares increased by over 123.8 million over past month
Authorized Shares . 5,000,000,000. 02/13/2023
Outstanding Shares. 1,287,345,747. 02/13/2023
Restricted Shares 601,619,079. 02/13/2023
Unrestricted Shares 685,726,668. 02/13/2023
MXSG SECURITY DETAILS 01/16/2023
Outstanding Shares increased by over 200 million over past 2 months.
Authorized Shares. 5,000,000,000. 01/16/2023
Outstanding Shares. 1,163,498,297. 01/16/2023
Restricted Shares. 477,718,929. 01/16/2023
Unrestricted Shares. 685,779,368. 01/16/2023
MXSG Security Details 11/09/2022
Outstanding shares increased by 46.3 million over the last month.
Authorized Shares. 5,000,000,000. 11/09/2022
Outstanding Shares. 849,566,111. 11/09/2022
Restricted Shares. 376,718,929. 11/09/2022
Unrestricted Shares. 472,847,182. 11/09/2022
Still shows as Revoked Mahat
You can check your entity’s status at the Secretary of State’s Business Entity Search.
Active: Your business is in good standing with the state. This is necessary for applying for loans, bank accounts, or doing business with vendors. All fees are paid and current.
Default: Commonly attributed to not paying state fees or submitting your annual list by the due date. Your company loses its corporate protection at this state.
Revoked: Fees have not been paid for over a year. “If the charter of a corporation is revoked and the right to transact business is forfeited…all the property and assets of the defaulting domestic corporation must be held in trust by the directors of the corporation as for insolvent corporations, and the same proceedings may be had with respect thereto as are applicable to insolvent corporations. Any person interested may institute proceedings at any time after a forfeiture has been declared, but, if the Secretary of State reinstates the charter, the proceedings must at once be dismissed and all property restored to the officers of the corporation.
Dissolved: Someone with the proper authority filed paperwork with the Secretary of State to dissolve your company. You company will no longer do business in the state of Nevada.
A common denominator between a dissolved entity and a revoked entity is not being able to do business in Nevada but lawsuits can still be filed against them, regardless of their status. As far as moving assets goes, dissolving an entity would be better than letting it slip into revocation. The dissolved entity has the benefit of moving property and assets which cannot be said for a revoked entity. If your business does get revoked or even falls into default, then there are a couple of things you’ll want to consider before trying to reinstate it. If your business is in default or gets revoked, it may face some stiff penalties and fines. Sometimes, these penalties can accumulate to a point where it may be easier to just cut your losses and start a new entity. Is it okay to leave your business revoked? Well, the answer to that is complicated because you certainly can abandon it. The deciding factor should be discussed with a Nevada business attorney. You should always make sure that you are operating with a sound legal foundation.
Well they missed the annual filing in both 2021 and 2022, not just the latest one. So I highly doubt that they were not informed. After all there are fees and taxes that the state wants to collect.
Mexus is a company without a valid state incorporation status and was doing business the whole time, taking out toxic loans, issuing placements, selling equipment, etc., as well as filing reports with the SEC under the guise of being incorporated in Nevada. One of the main purposes of incorporation is to issue shares to raise capital. They issued hundred of million of shares over the past year. I just heard that someone on the private board said that PT told them that it will be a long time before the REVOKE is removed.
Why would that be? Has their status been permanently revoked and just not updated on Nevada SOS yet? Doesn’t make any sense.
“When a company incorporates, it gains the ability to share ownership of the company by issues shares of stock. Whereas a sole proprietorship or partnership is usually only owned by those operating the company, incorporating allows a business owner to sell an ownership stake in part of the business.”
No change yet Mahat. Still shows Revoked on Nevada SOS
SDRC SECURITY DETAILS 03/27/2023
Authorized Shares. 500,000,000. 03/27/2023
Outstanding Shares. 325,970,559. 03/27/2023
Restricted Shares. 202,792,703. 03/27/2023
Unrestricted Shares. 123,177,856. 03/27/2023
Increase of approx 16.2 million shares issued
Authorized Shares. 500,000,000. 02/06/2023
Outstanding Shares. 309,727,293. 02/06/2023
Restricted Shares. 188,049,437. 02/06/2023
Unrestricted Shares 121,677,856. 02/06/2023
Authorized Shares. 500,000,000. 08/18/2022
Outstanding Shares. 306,647,953. 08/18/2022
Restricted Shares. 188,070,097. 08/18/2022
Unrestricted Shares. 118,577,856. 08/18/2022
No idea about that, but I was told by one of the long time members of the private board, that they reported Mexus’s revoked status to OTC markets yesterday and asked how they could still be listed as Pink Current without a valid business registration. They said that they had had enough.
Thanks for that info. Shareholders who have been patiently waiting for a PR since the year end update on Dec 19th should be pissed. Instead guys like Wxdog were telling them that PT was upbeat about JV deals and a deal could be signed any day. They actually have a thread on the private board called “congrats PT” because a few have been hinting about a JV deal all but done.
So would Mexus be legally allowed to sign a JV deal, sell off their equipment or issue private placements without being registered?
So from the latest SEC 10Q filing, you have two companies, both with revoked State registrations stating that they are conducting transactions with each other. Both companies controlled by the same person,
Am curious to know if that is even allowed?
13.RELATED PARTY TRANSACTIONS
During the nine months ended December 31, 2022 and March 31, 2022, the Company entered into the following transactions with related parties:
Paul D. Thompson, sole director and officer of the Company
Taurus Gold, Inc., controlled by Paul D. Thompson
Accounts payable – related parties – Note 5
Notes payable and notes payable – relate party – Note 6
Sure thing. Still showed revoked as of this morning. Will continue to post what I find, good or bad.
Good post Mahat. I get notices every year to renew my company’s registrations along with reminders as the due dates gets closer and warning of penalties if due dates are missed. It basic business 101
My guess is that they ignored the notices and then forgot about it until yesterday when they were forced to address it by posters on different Mexus boards. Wxdog’s indignation was at best laughable. He has zero credibility left and only shows up to shill for Mexus when other posters start asking too many questions that nobody wants to answer. Always with a “ I just spoke with PT and all is well” type post.
Surprising how many posters are willing to look the other way. They were lied to about MarMar footing all the costs. They were lied to in the PR’s about sales of gold numbers that didn’t match the SEC filings. They were lied to about toxic loans ending after paying off a large note. Now they find out that the company’s corporate entity status was revoked and still they are willing to give the management a free pass.
Right now, while Mexus has no corporate status in Nevada, I have to wonder , if PT could lose everything he owns if a business entity or a group of shareholders were to file a lawsuit against Mexus?
Seems like an unnecessarily big risk to take putting yourself in that position instead of just keeping up with Nevada SOS regs.
Would making false statements on your SEC 10Q also be considered just an oversight
because with so much going on you forgot to renew your license with the state of Nevada for over 2 years? How about the audited annual report? Did the auditors fail to notice that Mexus Gold US was operating without a valid business registration?
From title page of recent 10Q
Nevada.
(State or other jurisdiction.
of Incorporation)
From the Certification page
CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER PURSUANT TO
SECURITIES EXCHANGE ACT RULES 13a-14(a) AND 15(d)-14(a), AS ADOPTED PURSUANT TO
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002
I, Paul D. Thompson, certify that:
1.I have reviewed this Report on Form 10-Q for Mexus Gold US;
2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5.The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
Date:February 17, 2023
/s/ Paul D. Thompson
Paul D. Thompson
Chief Executive Officer
Chief Financial Officer
Principal Accounting Officer
Yeah, that must be it. Lol, just simply informed investors. The same ones currently saying “ congrats PT” as if they were told something. I’ll bet they got nervous when they saw the revoked posts this morning. Then of course they call “Deb” and attack the people who one again expose Mexus incompetence. If one can call it incompetence. Not sure how you can not know your business license was expired for over two years and still conduct business. There are so many red flags with this outfit, they should paint all their equipment red. That is, If they haven’t already sold it.
No filing in 2021, no filing in 2022. One would think that in all that spare time sitting around the kitchen table waiting for a JV offer that the CEO, and if not, surely his Secretary, would remember to make sure they had a damn license to even do business.
Well it appears that they may have been enlightened today by Wxdog after seeing our posts and are now scrambling to cover their ass.
Quote “ Wxdog » Tue Mar 21, 2023 12:23 pm
mahatmapaul = toxic know nothing. Stick to Ihub.
Checked in with Deb on this “THE SKY IS FALLING” topic that apparently has so many with their panties in a knot. Over a company that is so despicable that is most certainly should be placed into that “MAGA” bunch category. Blah blah blah….
Over-site with much else going on led to a lapse in filing the paperwork with Nevada. Was caught and is being rectified currently. Should be updated here before long. Also, WAS, AND IS NOT 5 YEARS IN ARREARS .. once again, misleading garbage being spewed through pure ignorance. Annual filings have been made - as will this one.
Why I even bother is beyond me. Communication is much easier than shitting all over other peoples senses.”
Entity Name: MEXUS GOLD US Entity Number: E0525732009-4
Entity Type: Domestic Corporation (78) Entity Status: Revoked
Formation Date: 10/01/2009 NV Business ID: NV20091253080
Termination Date: Perpetual
Annual Report Due Date: 10/31/2021
From Nevada Secretary Of State website
https://esos.nv.gov/EntitySearch/BusinessFilingHistoryOnline
Thanks for the info. Seems like Mexus has been just one screwup after another. They have been in business long enough to know that the registration is due annually. Their last Nevada annual list was 10/30/2020 which took them to 10/30/2021. No list filed in 2021, or 2022.
Maybe they re-domiciled to a new state, but I doubt it.
Thanks for that info. Would that also make it illegal to sign a JV deal with anyone? For all intents and purposes wouldn’t Mexus now be a sole proprietorship if not registered as a corporation somewhere? Wouldn’t that also have to be stated in the Annual or quarterly reports because the tax filing requirements would be quite different.
Mexus incorporation status in Nevada is now revoked. Could that be why there were no new notes in the last filing?
https://esos.nv.gov/EntitySearch/BusinessInformation
How are they still listed as pink current info on OTC? OTC shows Nevada and Utah
Revoked in Nevada and nothing in Utah
https://www.otcmarkets.com/stock/MXSG/profile
https://secure.utah.gov/bes/searchResults.html
BYRG “Persons or Entities to Services Provided by Such Persons Whom Securities or Entities
Issued
06/30/21 David A. Bryant 5 Year Services & $350,000 Cash
07/03/21 Red Beryl Mining $50,000 Cash
12/09/21 Red Beryl Mining $145,000 Exploration Services”
Might want to take a look at pg7
https://www.otcmarkets.com/otcapi/company/financial-report/354757/content
Guess who owns Red Beryl Mining? And , The same company has over 30 million shares of BRGC. Well known former Ihub pumper/poster who now promotes these stocks non-stop on Twitter and in a Discord Chat Room.
BRGC “On March 1, 2022 Brightrock acquired a 100% interest in the Midnight Owl Lithium Mine, formerly known as the Lithium King Mine from Red Beryl Mining. The Consideration paid was 30,000,000 Shares of restricted Common Stock. “
https://www.otcmarkets.com/otcapi/company/financial-report/360793/content
“On March 1, 2022 Brightrock acquired a 100% interest in the Midnight Owl Lithium Mine, formerly known as the Lithium King Mine from Red Beryl Mining. The Consideration paid was 30,000,000 Shares of restricted Common Stock. “
https://www.otcmarkets.com/otcapi/company/financial-report/360793/content
Guess who owns Red Beryl Mining? And , The same company has over 47 million shares of BYRG. Hint, promotes these stocks non-stop on Twitter and in a Discord Chat Room.
Might want to take a look at pg7 https://www.otcmarkets.com/otcapi/company/financial-report/354757/content
The SDRC story just keeps getting more and more bizarre.
https://www.otcmarkets.com/stock/SDRC/news/Sidney-Resources-Corp-Welcomes-New-President-Chantel-Greene-of-Xexus-Greene-Energy-to-Oversee-all-Aspects-of-Sidneys-Gro?id=393299
COEUR D' ALENE, ID / ACCESSWIRE / March 15, 2023 / Sidney Resources Corporation, (OTC PINK:SDRC) is excited to introduce our new President Chantel Greene. She will be the President of the umbrella of Sidney companies.
“Umbrella of Sydney Companies “???
Quote” Sidney's ongoing evaluation of growth in future commercial real estate and logistics endeavors.”
As of the last financial filing, SDRC had total current assets of $80,953. How many umbrella companies does that fund?
Quote” In a reciprocal agreement Sidney Resources Corporation, CEO, Sean Rae Zalewski, will serve as President of Xexus Green Energy, LLC.”
Nothing about mining the Lucky Ben with mining season only a few months away??
What’s going on here? The PR”s keep getting more and more fantastical.
More Red Flags
Quote” we are still waiting” Who’s we?? Now that’s an interesting comment.
Was there a question somewhere in post #9123?? LoL
Post #9123 Union Strong
Re: Badgerbob post# 9122
Tuesday, March 07, 2023 6:22:24 AM
Post# of 9128 Go
I wouldn't be here either if I didn't
think a positive outcome was attainable.
Bullish
BULLISH
Looks like more of a statement to me.
What is your opinion on this list posted by Retrospect yesterday?
Is it the same people behind all of these tickers?
I only follow SDRC, but remember seeing GGSM and posting on that board that it was a scam a year or two ago. I know the guy pumping that one was the same guy who pumps SDRC nonstop on Twitter and from what I am told has a discord chat room where SDRC and bunch of others are promoted. I hear they are very hostile to anyone who asks questions they don’t like. You have to question everything with these OTC penny stocks and read those disclaimers in the PR’s. The CEO’s can basically say anything they want. Check out the disclaimer in the most recent SDRC PR
quote” We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Question everything. If they have nothing to hide, they should have no problem answering.
Posted by: RetroSpect
In reply to: None
Date: 03/08/2023 04:46:34 PM
Post #: 9,125 of 9,126
SDRC: .249 to .0921
BRGC: .5349 to .065
BRYYF: .002 to .0001
CAVR: .028 to .006
BORK: .01125 to .0019
GGSM: .0046 to .0006
XTPT: .21 to .008
In the last year look at the performance.
Truly disgusting these garbage scams haven’t been suspended yet. I have a feeling it’s coming
Some horrific losses on that list. All likely front loaded by a crew and pumped on Twitter or in a chat room somewhere, and then dumped on the followers. That’s usually how it works and why it’s always good to ask questions when CEO’s show up on message boards claiming their stock is not a scam. In this case, the CEO refused to answer my questions here.
I don’t agree that SDRC is a scam, but I am starting to see some red flags since the new CEO showed up.
Another board member added with zero mining industry experience.
https://www.otcmarkets.com/stock/SDRC/news/Sidney-Resources-CorporationAppoints-New-Board-Member-Corey-Schram?id=392598
Who is writing these totally ridiculous PR’s lately? Maybe next time they can list his favorite color and foods?
Lol
Who will be the next board member? The guy from the local 7-11 who is a part time climate activist with a knack for ESG governance ? Lmao
Don’t concern yourself with my investments. Instead maybe explain why it seems like you are trying to run interference for the CEO.
Obviously the CEO felt that this board was important enough to go through the trouble of creating an account, and make a statement here saying that SDRC was not a scam. The majority of times I have seen that done on the Ihub boards, the company turned out to be exactly that.
What are you even talking about? He hasn’t responded to anything. Comes on here claiming SDRC is not a scam, and disappears when asked a couple of questions, but makes changes to the filings the next day to remove the info I referred to? Hahaha, yeah, nothing fishy about that.
Why does SDRC CEO keep ducking my questions? Looks like he amended the filings the next day to remove the info I asked about in one of my questions?? Where’s the transparency? According to the company filings, the guy pumping this stock non-stop on Twitter and other social media sites got over $1 million worth of restricted shares for certain mining technology. He appeared clueless about mining when he began promoting SDRC here a few years ago.
He was hyping SDRC against other mining companies worth $5 not realizing that he was quoting Swedish currency prices . Lol
I can’t imagine what possible mining technology he could have that’s worth over $1 million worth of restricted stock in a company that shows just over $80K in current assets.
From the filing. “In the second quarter 2021 the company acquired certain mining technology from Red Beryl Mining Company for 7,000,000 shares of restricted stock valued at $.15 per share. Amortization will begin when the technology is put into service.”
Now that info has been removed. Why no explanation??
Quote” Sean Rae Zalewski”
Re: None
Thursday, February 16, 2023 5:50:12 PM
Post# of 9115 Go
Good evening Everyone,
I am the CEO of Sidney Resources Corporation. I took the leadership role over the summer and have moving the company towards an incredible path.
There near term items that I cannot share with the group because they are material.
I assure you there is no scam at play. We are in the process of acquisitions and expanding the company and the scope of the company.
Feel free to reach out to me at sean@sdrccorp.com directly. Of course, I am disappointed with the trades that occured 17 second before close in an obvious attacking sell off today.
However, I am excited for whomever bought those shares as there is much to celebrate and I look forward to our upcoming press releases that may help ease any bearish thoughts on the position of the company.
Respectfully,
Sean-Rae Zalewski
CEO - Sidney Resources Corporation
Bullish
BULLISH
Oh, one more question Sean, I just
saw this quote on Twitter
“Sidney Resources Corp.
@SDRCMINING
"Most importantly it adds a production ready, proven out resource tonnage of 225,000 tons at a gold grade ranging 0.25opt - 8opt. With multiple veins and possible extension of the veins at depth, the property is wide open for further gold/silver resources." “
Yet on the page before this it states Quote “ To-date, insufficient data exists to provide a resource estimate.”
How do you explain this ??
It was stated in the Filing that the assay results by Liberty Refiners would be included in the filing, and it wasn’t. You were notified of the omission on this board and asked a few questions about other oddities in the filings, There were amendments filed the next day that removed one of those oddities but still no assay results?? Where’s the transparency?
Original Report Filed on 2/15/2023 From pg 15 of 24 “An ore sampling program was completed along a length of 200 feet of the exposed vein in tunnel #1 between known previously mined areas. The fire and chemical assays results prepared by Liberty Refiners are included as addendum 1.
https://www.otcmarkets.com/otcapi/company/financial-report/359252/content
As of it’s most recent filing SDRC had total current assets of $80,953 consisting of cash. How did they pay for these amazing new claims, plus how do they plan to pay for the work on the Lucky Ben which will start in a few months, plus the their staff?
Keep issuing shares? How about some transparency on the recent deal? That PR is another eyebrow raiser in my opinion.