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Josey, why do you think it will get there again? Trying to get some hope replenished :)
Loved your reply. Go SIRG.
Hahahhahah 3K worth of scrap sold does not equate to dilution when the company has metal worth more than million. It just means that much scrap was not useful and is being put to some good use, that is generating income, which otherwise would have been sitting there useless.
I pick number 3- long term investors accumulating on dips.
It does exist. Look it up. I will not do it for you.
The math for that evaluation has been provided many times on this board. We know the math and have verified it. We don't need to post it everyday for people who don't want to do their research. Go check it out yourself in previous posts.
I picked up some of those at 0.0055
Just picked up 675K at 0.0055. And an instant jump to 0.008 after purchase. Will keep purchasing at dips. Go SIRG!!!
SIRG never provided any statement claiming that funding was at hand. Prove your claim that SIRG made a false claim about funding. They never made that claim then how can it be false?
You have also been prediction dilution everyday for more than a year. Nothing of that sort is happening.
You have been prediction 4's for more than a year every day.
You have been calling a lot of things including share dilution. Most of what you are calling is not happening. This share will be back to penny land shortly.
If you have been there done that, why dont you share that evidence again? If you can continue to keep saying this ship is sinking, you can also continue to post evidence.
I picked up some at 0.006
Shares are not being dumped. Some people are selling them with the profits they have made but there are equal or more people wanting to buy them. I know that because I have unfilled orders at the bid. I have made 200% profit already. If I sell me shares, that would not be dumping.
Keep loading at dips folks.
Yes I got one fourth order filled. I should thank the person who did the 2000 trade which scared someone to sell lower LOL
I have an open order to buy at 0.0075 for a few days now, but its not getting filled. And now a lot of people are selling at 0.01. :(
Imcat,
Once again thank you very much for doing the dd. We all knew this was not a big problem, and this confirms it is just paperwork which SIRG can certainly complete within 30 days.
SIRG investors will have the last laugh
Your inability to back your claim with any sort of evidence, proves that this claim has no factual basis.
When you claim something, for instance "It has absolutley NOTHING to do with funding.". Burden of proof lies on you and not the rest of the people who are asking for proof.
Provide evidence of this statement. "It has absolutley NOTHING to do with funding."
Yes, we are bag holders. A bag that is full of 100% gain or more, and a bag that we are holding by choice because we have already gained from this bag and are going to gain even more since we have patience to keep holding it until early 2013 when production begins.
The most respectable post on this board in the past few weeks. Thank you for posting this.
Here is the definition of "NEWS". So, yes I call that "NEWS".
NEWS Definition:
1
a : a report of recent events
b : previously unknown information <I've got news for you>
c : something having a specified influence or effect <the rain was good news for lawns and gardens — Garrison Keillor> <the virus was bad news>
2
a : material reported in a newspaper or news periodical or on a newscast
b : matter that is newsworthy
3
: newscast
SIRG news released yesterday!
Sierra Resource Group's MPO formally accepted
http://ih.advfn.com/p.php?pid=nmona&article=53839354
Sierra Resource Group, Inc. (OTCBB: SIRG)announced today that its Mine Plan of Operation has been reviewed and accepted by The Bureau of Land Management. This formal acceptance has allowed Sierra to submit its draft Environmental Assessment in order to comply with the National Environmental Protection Agency.
"We're working closely with The Bureau of Land Management and the interactive process is positive," said J. Rod Martin, Chief Executive Officer of Sierra.
Doesn't matter if he makes 150K/year right now. He purchased 10 million shares at the price 0.2$ per share. So, he spent 2 million dollars and the value of those 2 million dollars right now is 40 thousand dollars.
This is more than enough motivation for anyone to make things right, even if they are getting 150k a year.
I work for a multi-national company. We are a fortune 100 company. We miss deadlines every single day and yet are one of top 100 companies. Missing deadlines is not a big deal, these days setting meeting and missing deadlines is a part of politics and has no bearing to the actual picture. I am not worried about SIRG missing deadlines at all. They are working with a the government agencies and we all know how long those can take.
SIRG - OTCQB - a junior mining company that will return the Chloride Copper Mine to production in early 2013. Under the radar and under valued.
http://stockcharts.com/c-sc/sc?s=SIRG&p=D&b=5&g=0&i=0&r=1344573655508
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
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 extensiver 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
jrlss and warren,
you both have my support. We know the truth about SIRG and despite all the efforts from people to pull it down, it will emerge at the top soon.
All the negatives being posted here are without any evidence. We have seen a lot of positive evidence in the past few months about SIRG. SIRG will emerge winner.
Please Free Imcat from JAIL. The SIRG board and its investors need Imcat to be able to defend the SIRG investment, because a lot of other people are posting a lot of negative and baseless things about the stock and that is causing the PPS to drop further and further.
Imcat has thousands of posts and has 99% of the times been very respectful of any posts.
Please free Imcat..
Thank you.
I agree, and that's what I was trying to tell Larry. What happened in the last few weeks/months is what should be discussed and not what happened or did not happen years ago.
Larry,
If you have evidence of your claims about SIRG, please post them. If not, and stop wasting time of people who want to read relevant posts. This is year 2012 and not 2007 lot of things have happened with SIRG in the past few months, let alone 5 years.
CopperRocks,
I am in full agreement with you. Every now and then I see a post with a prediction of our next pps and I open it with hope that someone found piece of information that I missed and it ends up being pure fantasy. For the most part, I read posts from Cat and Josey. For new investors, they would have to be lucky to stumble upon Cat or Josey's posts to find relevant information or they would be turned off by fantasy predictions.
Imcat,
I am about to ask you a hypothetical question and I understand you do not have a crystal ball, but would look for your opinion.
It does seem like SIRG has received funding but havn't just disclosed it yet. The fair market value is about 0.034, but once funding is announced and production starts, what do you think is a reasonable price where SIRG could go?
Thanks.
Yesterday morning I sold 1/8 of my shares hoping to buy them back at a lower price, but right after I sold, we had the news of the website.
Thankfully I was not stupid enough to sell everything LOL...I still hold more than a million. I am regretting that I sold some portion, but I'm glad I didn't sell more :).
Stock experts,
I have a hypothetical question. I understand that some of you have calculated that SIRG's realistic value after production begins would be around 0.1 - 0.2. However, based on your experiences, just like we are undervalued right now, is there a chance for it to be overvalued and cross 0.5 or 0.75 per share? Does that usually occur with penny stocks?
Thanks.
SIRG Climbing Slow but Steady
Did Paul say anything about the revised plan having a qualifier about any funding approval? Or did he say anything that would make you feel that the funding may have been approved or is it still in the air?
If we do get to the 0.1 - 0.3 range, I will be sending a personal gift to Imcat.