Sidney Resources Corp (SDRC)

[surrealistrader]

Hey, I started posting because I was doing some historical research on a multitude of stocks and I couldn't help but notice how lopsided the conversation was here. I couldn't help myself.

Where have I said the stock will see $1 specifically? I believe it can. There are some attractive growth prospects with the various avenues of development the company is involved in. Any one of them is capable of generating an influx of new money. I do believe however that each industry they are involved in is hyper-cyclical as well as the market they trade in highly inefficient. There is an outsized reliance on company specific catalysts which, because they are anchored in real life, take time.

There is still no gold production, yes. This is not a gold producer and I am a bit puzzled why management or anyone believes they need to be so soon without releasing definitive and bankable engineering reports, etc. Insider financing seems secured from a close audience of dedicated individuals who are determined to have mining take place asap. It's an exploration stock that has happened to make the hail mary to production in recent months. We will see about that soon enough. I personally believe exploration risk may be seen as an impediment to technology development funding, and because such is quickly becoming a core endeavor for this company, revenue production is being sought to cancel such barriers out. I also think technology development is an impediment to mining industry financing, which is beside the point. SDRC is treading their own path now and they seem confident that they are onto something. I remain optimistic.