Silver Dragon Resources Inc. (fka SDRG)

[frankie_fillet]

You should know me by now. If I had not considered what you say, my posts would have a much different, and more positive tone.

I err on caution. I did not like the Chinese before, and am leery of them now. I do not want to trade one demon for a greater demon. That being said, I have still to see how this deal creates value.

I see it reducing debt but that seems offset by the length and time it takes to realize the payout. Also I question the payout being tied to the other companies "profitability"

I also question the need for a salary of 300+ thousand dollars considering the direction of the stock price, and overall company performance to date.

I think getting off the DTC was a miracle but the company should not have been on it to start with. Does that warrant the salary? Coupled with share giveaways?

I also question what actually is left, and how to quantify the value of the company after this deal. Especially after the selling off of assets is done.

Also I think the companies business plan and what is planned with the funds of this deal need to be clarified and spelled out. There seems to be no mention of the latest business plan. What exactly is the business model we are left with?

I have questions for sure. The more I look at it the more questions I have.

After all this time I think it is a fair question to ask what Admin is doing to create value.