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loaded up with 18,000 shares?
no volume....
This getting action again?
Monday bounce day?
your point being?
Nope, part of my div investments
In your opinion lmcat, when do you think we will see copper out of the pits?
Go TNK!
Chris you have dropped $78k into SIRG, you must really believe in this company...
The tides will rise to their former levels, its just time...
$TNK
Posted an infographic that I found, It might be a nice addition to the TNK i-box
UPDATE 1-U.S. tanker industry sets sail for better times - Dahlman
10:50AM ET on Wednesday Mar 28, 2012 by Thomson Reuters
March 28 (Reuters) - U.S. tanker market may set sail for better times as fewer new builds ease excess supply and rates pick up, Dahlman Rose said and upgraded key players such as Frontline Ltd and Overseas Shipholding Group Inc .
"The overall crude tanker fleet is set to grow 9.3 percent on a gross basis during 2012, then...to grow 6.8 percent in 2013 and marginally thereafter," Dahlman said in a note to clients.
Tanker oversupply will start subsiding in 2013 and the market will be in balance in 2014, the brokerage said.
The brokerage said spot prices would go up this summer ahead of a European embargo of Iranian crude.
"Saudi Arabia has already begun boosting exports of crude oil ahead of the planned European embargo of Iranian supplies beginning July 1," Dahlman said.
Possible sanctions would force Iran to hire tankers for floating storage for the produce it is unable to immediately export, the brokerage added.
It upgraded Frontline and Overseas Shipholding Group citing their exposure to very large crude carriers. The brokerage upgraded six other tanker players including Teekay Tankers Ltd and Nordic American Tanker Ltd.
Frontline shares were trading up 12 percent, while Overseas Shipholding shares were up 6 percent at $12.43 on Wednesday on the New York Stock Exchange. (Reporting by Durba Ghosh in Bangalore; Editing by Don Sebastian)
https://research.tdwaterhouse.ca/research/public/Markets/CommoditiesNews?documentKey=1314-L3E8ES6QD-1
$6 is just an after thought
Testing 6 again
who's dumping the .002 shares?
http://zolmax.com/armour-gets-coverage-from-bank-of-america-arr/291828/
Armour Gets Coverage From Bank of America. (ARR)
Posted by John Perry on Mar 24th, 2012 // No Comments
Bank of America (NYSE: BAC) initiated coverage on shares of Armour Residential (NYSE: ARR) in a research note issued on Wednesday. They set a “buy” rating and a $7.00 price target on the stock.
The analysts wrote, “ARR is a mortgage REIT that invests exclusively in residential agency MBS. We forecast ARR will generate a 17% dividend yield in 2012. Valuation should rise to around 1.05x BV, in our view, suggesting modest upside potential. Investors could earn a 22% total return over the next 12 months, 17% from dividends plus 5% from share price improvement, based on our dividend forecast and price objective. The primary risks to our forecast include: changes in interest rates, rising prepayments, execution risk, liquidity risk and adverse changes in regulatory policies.”
A number of other firms have also recently commented on ARR. Analysts at National Securities reiterated a “buy” rating on shares of Armour Residential in a research note to investors on Wednesday, March 7th. Separately, analysts at Deutsche Bank (NYSE: DB) initiated coverage on shares of Armour Residential in a research note to investors on Tuesday, February 21st. They set a “buy” rating and a $7.75 price target on the stock. Finally, analysts at B. Riley downgraded shares of Armour Residential from a “neutral” rating to a “sell” rating in a research note to investors on Monday, February 6th.
Shares of Armour Residential traded up 0.30% during mid-day trading on Wednesday, hitting $6.68. Armour Residential has a one year low of $5.40 and a one year high of $7.80. The stock’s 50-day moving average is $6.9 and its 200-day moving average is $7.00. The company’s market cap is $946.6 million.
ARMOUR Residential REIT, Inc. (ARMOUR), formerly Enterprise Acquisition Corp., is focused on investing in Agency residential mortgage-backed securities.
its got its marching order
The choice of either meeting the architect or to awake with the herd....
red pill please
Buy low sell high, 30 years ago everyone was fighting to get to the west coast (I am in California), now people are leaving and wanting to settle into less expensive states.
Sad thing is what I have spent on cars the last 10 years could have paid for a couple of houses out there...
When SIRG hits i'll be moving to NC and picking up a couple of house.
<iframe width="1" height="30" src="http://www.youtube.com/embed/JgGA-hHWxtA&autoplay=1&loop=1&playlist=JgGA-hHWxtA" frameborder="0" allowfullscreen></iframe>
^^^^^
That should do the trick
Looks like a decaf day today, need to bring the full leaded cup tomorrow.
Looks like the rocket is running out of gas
JVA playing with a new HOD
With how SIRG is sailing, I might sail myself into a new degree when we get funding!
weak hands sink ships, or its friday profit taking...
$SIRG PRESS RELEASE
Paul C. Rizzo and Associates Inc. to Reengineer and Perform Metallurgical Tests to Bring Sierra Resource Group's Chloride Cop...
Date : 03/07/2012 @ 4:05PM
Source : PR Newswire
Stock : Sierra Resource Grou (SIRG)
Quote : 0.0029 0.0001 (3.57%) @ 3:53PM
Paul C. Rizzo and Associates Inc. to Reengineer and Perform Metallurgical Tests to Bring Sierra Resource Group's Chloride Cop...
Print
Alert
Sierra Resource Grou (OTCBB:SIRG)
Intraday Stock Chart
Today : Wednesday 7 March 2012
Paul C. Rizzo and Associates Inc. to Reengineer and Perform Metallurgical Tests to Bring Sierra Resource Group's Chloride Copper Mine Into Production
PR Newswire
KINGMAN, Ariz.., March 7, 2012
KINGMAN, Ariz.., March 7, 2012 /PRNewswire/ -- Sierra Resource Group, Inc. (OTCBB: SIRG) (the "Company") announced today that it has engaged Paul C. Rizzo Associates, Inc. (www.rizzoassoc.com) ("Rizzo Associates") to identify, prioritize, and schedule the necessary activities to bring the processing operation at the Chloride Copper Mine into production. Rizzo Associates is an award-winning firm specializing in all aspects of the civil engineering and earth sciences fields for the dams, nuclear power plants, and tunneling industries.
(Logo: http://photos.prnewswire.com/prnh/20120307/AQ65925LOGO)
On January 25, 2012, representatives of Rizzo Associates completed a site visit of the Chloride Copper Mine. The Rizzo Associates team consisted of Dr. Ananda (Andy) Chakrabarti, Senior Consultant, and K. Michael Cline, Principal Geologist. The purpose of the site visit was to provide an independent assessment of the plant, mill tailings, and general site conditions for supporting the Company in bringing the existing SX/EW Plant at the Mine back into full operation. The Plant has been idle since 1996.
On February 21, 2012, Rizzo Associates issued a "Trip Letter Report to Assess Status of the Chloride Copper Mine" to the Company. According to the "Trip Letter Report: "The SX/EW Plant is in good condition; however, in need of minor refurbishment and the replacement of some supporting equipment, but most of the equipment can be used and the Plant can be brought back into working condition within a reasonable timeframe and limited expense." The Company has not currently defined "reasonable timeframe" or "limited expense."
"We are extremely pleased to have the Rizzo team working to bring the mine back into production and beginning work to improve the accuracy of our reserve estimate," says J. Rod Martin Chief Executive Officer of the Company.
About Sierra Resource Group Inc.:
Sierra Resource Group Inc. (OTC Bulletin Board: SIRG) is a U.S based exploration and mining company committed to the exploration, discovery and development of gold, silver, copper and other mineral resources. Sierra's primary asset is 80% ownership of the Chloride Copper Mine located near Kingman Arizona. The technical report, NI43-101, by Scott Wilson Roscoe Postle Associates dated March 10, 2006, estimates the Chloride Copper Mine contains 27,000,000 pounds of copper. The company is looking to expand throughout the Americas.
Sierra plans to use open pit mining and plans to reopen the existing SX/EW plant on site with an estimated maximum capability of producing up to 5,400,000 pounds of Copper Cathode per year. The SX/EW process is environmentally friendly, cost effective and a quick production process according to an article published by the Copper Development Association in August 2001 and publically available on the Association's website (www.copper.org).
The Chloride Copper Mine deposit is hosted by Late Tertiary conglomerates and, to a lesser extent, by Quaternary alluvium and Cretaceous granitic rocks. Copper mineralization at Chloride Copper Mine is in the form of mineralized lenses contained within a paleochannel approximately a few thousand feet long and up to 750 feet wide. The source of copper at Chloride Copper Mine is interpreted to be the low grade porphyry-type copper mineralization at Alum Wash, about 3.5 miles northeast of the Chloride Copper Mine deposit. The mineralization is characterized by dark blue to black rock similar to the Exotica deposit, a satellite of the huge Chuquicamata copper deposit in Chile.
Sierra's management and Board of Directors consist of expert geophysicists', mining professionals and experienced business people.
FOR INFORMATION CONTACT:Sierra Resource Group, Inc.Ph. 702.462.7285 www.sierraresgroup.com
J. Rod Martin CEORodmartinmail@gmail.com
Safe Harbor Statement under the Private Litigation Reform Act of 1995. Forward-looking statements in this document do not constitute guarantees of future performance. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. You can anticipate that actual results will be different due to the inherent uncertainty of estimates; forecasts and projections may be better or worse than projected. Forward-looking statements may relate, among other things, to expected financial and operating results and the Company's ability to achieve its goals, plans and objectives. The risks and uncertainties that may affect forward-looking statements include among others: the Company's limited operating history and inexperience with mine operations, the speculative nature of the Company's planned operations, difficulty in developing new projects, difficulty gaining necessary governmental approvals, the Company's lack of market research and marketing organization, the Company's inexperience in operating internationally, and difficulty managing rapid growth. At this time, there can be no assurance that the Company will obtain the financing it needs to execute its plans. For a more detailed discussion of the risks and uncertainties of Sierra Resource Group's business, please refer to the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2010, the Company's Quarterly Report on Form 10-Q for the fiscal quarters ended March 31, 2011, June 30, 2011, September 30, 2011, and the Company's Reports on Form 8-K, all filed with the Securities and Exchange Commission, and as subsequently amended. The Company assumes no obligation to update any forward-looking statement contained in this document or with respect to any of the information described herein.
SOURCE Sierra Resource Group, Inc.
Anyone have todays L2?
Clearly someone is selling for a lower and lower price each day....unless its phantom shares and MM trying to steal money from the common trader....
$$$$ SIRG $$$$
Its moving, all aboard that want to ride the momentum!
Here's to another green SIRG day!
Lmcat I am excited for everything that is happening here.
As part of my excitement I saw your comment about a new 8K and didn't put 2 and 2 together that it was the 8K from a couple of days ago :) Thought we had a new one with funding announcment!
Guess thats next week ;)
$$$$ FUNDING $$$$$
LMCAT "Read the SIRG 8K just released. Dilution done - funding on the way!"
When will funding happen?
M0NEYMADE why am I not making any money with this stock? Down 29%....this doesn't seem like a good thing...
Are we at a new bottom? Do we need to start buying more shares?
Many people are counting on your DD and guidance M0NEYMADE, hopefully it was not smoke and mirrors
You know what is funny, you post a negative comment and the price of SIRG goes up!
Please keep spreading your negativity, I don't think my trading account can take all the green!!!!!
Good Day so far!!!
Hope we can keep the "March" up in the right direction!!!!
Would it be possible to throw the L2 up again? Was happy with the growth, now it looks like pull back. I dont' want to see a massive drop after such a good run...
Why couldn't this happen on friday when I have more powder :(
Nice to see the change in my share value :)