This filing dating 6/19/2012 states that SIRG owns 80% of the mine.
The Company began locating and evaluating copper producing properties for acquisition or joint venture agreements. On April 23, 2010, we entered into an Asset Purchase Agreement (the “Purchase Agreement”) with Medina Property Group LLC, a Florida limited liability company (“Medina”). Pursuant to the Purchase Agreement, and upon the terms and subject to the conditions thereof, purchased 80% of certain assets of Medina, known as the Chloride Copper Project, a former copper producer comprised of a mineral deposit and some infrastructure located near Kingston, Arizona (the “Copper Mine”). The Acquisition formally closed on June 21, 2010.
I'm searching allllll of the filings to find where they sold that 80% to Sunburst. If they did sell it, it would be in the filings. If they didn't sell it, then you are wrong and SIRG owns the mine.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.