InvestorsHub Logo
Followers 0
Posts 280
Boards Moderated 1
Alias Born 10/25/2020

Re: None

Tuesday, 08/08/2023 1:01:57 PM

Tuesday, August 08, 2023 1:01:57 PM

Post# of 9923
Answer to Blanco Question #14: “Umbrella of Sidney Companies?” As of the last financial filing, SDRC had total current assets of $80,953. How many umbrella companies does that fund?”

I found this wording to be a bit weird myself, but after further consideration, there is a strategy here I assure you. Sure one component is that SDRC is implying that they will act as a parent company of sorts for a slew of subsidiaries. Irish Metals may be the only subsidiary as of this date. Xexus is definitely not a subsidiary, but may be acting like a strategic “sister company” of sorts for networking purposes.

The main point here is that there is a family of businesses and philanthropic endeavors being established in order to offset the environmentally harmful mining activity with a theme of environmental stewardship as well as good relations with surrounding indigenous communities. Chantel Green specializes in funding acquisition for green energy projects, and SDRC is involved in a multitude of these now. This is not just a mining company any more. Between the laser tech development, Mike Irish’s smeltless refining, clean water tech, and battery and solar cell recycling tech, and Chantel Green’s inevitable dialogue with government agencies and surrounding indigenous communities in everything they do, put the whole “Umbrella” at an advantage for grant funding and permitting. Both Chantel green And Mike Irish have negotiated and secured grants for their operations in the past and whose association with SDRC has a high likelyhood of benefiting.