Sidney Resources Corp (SDRC)

[surrealistrader]

What we know, SDRC will be selling gold any day now, regardless of any uphill battle to establish reserves and regardless of anything else. The shenanigans on social media are rising to a tilt as well and I'm reading from a few investors who hold shares in margin accounts that their shares are being lent out. Shit is hitting the fan.

Sometimes issuing a dividend is a way to save face for lack of performance, company resting on laurels, etc and sometimes (as in SDRC's case) a dividend once and for all demonstrates an abnormally wide disconnect between valuation and stock price. It has been chosen as the preferred way to reward restricted holders who continue to keep their stakes restricted while the market and company can get a real basis of long term holders.

Every share will be accountable. SDRC will issue a dividend and it will cause a lot of suffering.