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"extremely" is an understatement. i'm quite sure his jaws are wired shut. lol
Yeah, i bounce back and forth between a positive attitude and general annoyance with the lack of communication about our share structure. I'm holding on no matter what because getting my money back at these levels is basically not at all life-changing so I can just let it all go and I'll add a few more to boot. Hopefully the upcoming 10K will tell-all.
Yup me too. In the same boat. Weary of red flags but can't help but add at these levels. I'm in the "time will tell brilliant/nitwit club" with salty lol
Hahaha Ive got a wife also who will do the same.
I know it's no consolation but MANY of us are in for much higher than .003 and truly believe that's a mega steal of a price. I try to add when it drops this low as I feel that buying this under 2 cents is going to pay off BIG. We've all seen our initial investments fall but hang in there and we'll be greatly rewarded (hopefully!).
I consider this stock ALL or NOTHING. Up 1000% from this point is gonna still be very low compared to what it will be if/when we get a funding deal. We either go to a decent penny number with funding or we stay in the dumps of sub penny. I don't know what precipitated its last rise to .015 (some say a momo group involved) but its clear no funding deal was in place that could sustain much higher gains than that.
my WAG is that some who own stock (and the greater market) just doesn't believe in the company's prospects for funding. so basically everyone is saying 'yeah right'. i believe though, so i hope they are wrong.
One time i made a buy in the last few months that showed as a completed order, but the shares NEVER showed up in the "Time and Sales". It was an odd number too so I could tell it was mine and the volume didn't change after my buy. I called my online brokerage account and they said the shares were mine. Still confused about it to this day. Don't know why weird things happen like that.
A 3M share trade followed by a 7M share trade!!? wth??!! someone just WALKED OFF THE PLANK! And someone else got a KILLER STEAL!!!! Wish that was me (on the buying end!). What is happening today? I can't believe people would jump OFF this close to a possible funding announcement. A lucky guy just invested $10K on that 7M share trade.
It appears an order filled for 220K @ .0017 @ 3:29
Time & Sales
Price Size Exch Time
$0.0016 50,000 OBB 15:31:08
$0.0016 10,000 OBB 15:30:33
$0.0017 150,000 OBB 15:30:31
$0.0017 220,000 OBB 15:29:57
$0.0016 100,000 OBB 15:24:24
I don't know how long it will take to get to this... but basically, a company with these assets AND a funding deal of $5M-$10M in my opinion will NOT and SHOULD NOT have less than a $15M-20M market cap for very long. The funding part of that is very important obviously because it means that the mine will likely REALIZE it's buried value. Based on our CURRENT Outstanding share structure, that puts us around $.05-$.065. When we get into production and what we yield in production gives a clue as to how much mineral is actually IN THE GROUND... then we will know what our new target could be.
At least someone noticed. LOL
Sirg attracting bargain hunters. Bash and then buy.
Lol that thing is catchy... "copper orrrrrrrrr..."
That'd be Interesting <----I googled "cross trade" to be able to make this statement FYI.
yup again
i hit the ask right after that for .0023 for 5,000. lol. how does the 5MM trade even HAPPEN? was 5M sitting in L2 for 5 hours? NO. So how does it occur? Is it some kind of coordination between seller and buyer? wtf, so confusing.
ok, fired a pea shooter at 3:59:10 @ the ask to save us. lol
do we have anyone loaded up for ask protection at 3:59? lol I only have $58 in my account. not sure what kind of cannon i can fire with that
anyone got L2 handy? pls post
no worries. a few months from now and those who jumped ship will be sorry and we'll be better off with more shares! (hopefully lol)
I think what you post is a possibility for sirg and for many stocks currently selling at a quarter of a penny. Another possibility (hopefully a higher one but who knows), is sirg gets funding in the next number of months and shoots to the moon. Time will tell. In the meantime... Go SIRG!
C'mon Larry, you buy some SIRG, I buy some GDSM, I bet neither of us will regret it. You and I will moderate a newly create SIRGDSM board.
There's only one answer to that question... "Hell Yes". lol. Seriously though, we believe that it WILL be the real deal. They've had a lot more activity these last few months and we feel a funding deal is coming within 1-3 months.
Darren
agreed. i guess what i was saying was more meant to highlight the swings of emotions we've gone through. If you told me in December that all this activity would've happened this year, I'd be ecstatic at the possibilities right now. I still agree with Josey and Salty that there are still some red flags to be afraid of. I'm just noting the general gloomy feeling most seem to have on the news while I'm more happy that Rod put out ANYTHING. I figured we'd rot before we'd heard anything. lol. Hopefully we soon get an 8k for funding LOI and they have enough time before April 20th to close the deal or we might get another extension PR.
i think we're all in the same boat. time will tell if we wish we wouldn't have or wish we would've bought MORE.lol
People always jump in and out at the wrong time. We had MONTHS of zero activity from Rod (or at least no communication) and all that happened was the AS increase. If people have been aboard the sirg ship since early last year, It would appear to me that now (and for the next 2-4 months) would be precisely the WRONG time to jump ship. Lol The right time was late last year IMO But people will go as their emotions dictate. Hopefully I can be at the right place at the right time again and scoop up a lot more shares and capitalize on that. I've got 4.8M shares and im happy about all the activity this year. i would be happier with about double the shares though and I don't think I can get there unless this thing drops a lot more.
I've said MANY times how annoyed I am on the lack of communication from rod. But would you believe that this time around I see it a different way. I was expecting the delays w/funding/10% loi's etc. I was just thinking there would be NO communication. I was thinking it was gonna be dead SILENCE. So I'm actually pretty happy to see something that gives us a different target date for the close of this AND for funding news. And now another weird twist, I agree with Chris, if things have become shaky for you all (but really, it's a stock @ 1/4th of a penny, so when AREN'T things shaky?) then sell me your shares cheap! I will continue to load. Again, my REAL expectation is that if they are funded within 4 months, I'm happy. After that, i'm pretty much looking to get out because I will have lost a lot of confidence that Rod can get it done.
someone post L2 pls
Love it salty! Nice work
lol fired my cannon at 3:59:23 for the 20,000 that got us back to .0026. mission accomplished. lol
calling the T/A is a big upgrade since Salty had Chris scrubbing the deck before. haha
It IS very up and down emotionally when a company sets an expectation (through the 8k's) and we hear nothing. But we need to remember a couple things before we go jumping off the deep end (don't worry, I'm prone to doing the same thing)...
There wasn't anything explicitly stated in the LOI that VOID the contract for the 10% even if the 10 day extension is not met. So if they HAD a funding deal, then I think we'd find out soon that the LOI was CLOSED for the additional 10%, but if they didn't have a funding deal, they have a lot of wiggle room for modifying things to get the deal done later.
2) While they are obligated by SEC to do an 8k for the LOI that was signed, if things have happened that are not MATERIAL (i.e. let's say they decide to WAIT to CLOSE the deal for 60 days), then I don't believe that has to be disclosed as it doesn't change things MATERIALLY. I've said before that Rod sucks at communication. There are things that should be PR'd that are real (hiring of SVP of Ops) but then they PR something (the 10% LOI) which was already in an 8k. It's been very frustrating in that respect.
My own personal expectation (based on nothing-- just gut) is that we will see some news on the funding within 2-4 months. Partly I tell myself this so that my own expectation isn't crushed when something unexpected happens.
I think that IS the million dollar question with sirg. Does it take some massive dilutive scheme to pay for everything or are they able to pre-sell the first 6 - 18 months of copper at a huge discount to get their investment to start the mine. With the share price where it is, it appears the market believes that A/S increase is going to pay for the start up of the mine. The believers on this board (including myself) are making the bet that they are able to do it without dilution as they spurned a deal last year that included lots of dilution and the board deemed it "unfriendly to shareholders". Again, if the market believed what we believe, no one could get in at the current price as the stock would probably already be in the pennies. I say buy a few shares, come aboard and see if you like it and wanna buy some more! No guarantees but if there were guarantees the stock price would likely be much higher. GLTY
3,364,999
Probably not. I'd keep going at least a little while longer. :)
That Salty... that's what happens when you have one eye on the sea and the other on your Dainty Darling Dove. I have some funds freeing up on Monday and some more freeing up on Tuesday so we'll be ready!
This post got me rolling-- it was the first one I saw after the final close price.... "Um, guys, we were supposed to SLAP the ASK not WHACK the BID!!" aw man. I'm having one of those movie moment when you lose it laughing really hard and then sometime during the laughing fit it turns into sadness and you're weeping for what actually happened. LMAO
Haha! Welcome aboard again now that you actually own with us... for a new ship mate, we're glad you got in very LOW! I expect you to make a good bit of money in the next few months!