I hope SDRC drops some real good info soon to follow up the October and November PR's and the Shareholders' meeting. I like seeing peeks at their work in progress, but every time a blip of a video is released it only results in having more questions! We are waiting on those lab results from Florin Analytical Services (as announced in november), and perhaps that data can inform their negotiations for gold sales into the future. I would like to hear of some indication that lab assays of the stockpiles are in progress or ongoing, as 1 x 50lb sample reduced to 1 oz is a bit limited in providing clarity about the grade of such a large amount especially since this ore is supposedly derived from multiple sites. We do have both lode and placer material undergoing test processing at SDRC so more sampling should provide needed clarity given their goals.
Gitreal and Rbtree
A thank you to Rbtree is in order. Finally someone here who Gitreal doesn't feel the need to speak in an adversarial tone to! You guys are bringing up valid points for the sake of discussion, and actually are attempting to assess uncertainties against certainties... even though the angle is still fraud as a baseline assumption, which I dislike. SDRC does deserve the benefit of the doubt imo.
SEC reporting
Sidney Resources' status as a non-SEC reporting company listed on the OTC Markets means that while it may save on the costs and complexities of SEC reporting, investors just need to be more proactive/not lazy in seeking out information and conducting due diligence. OTC pinks are not required to report to SEC. It does not necessarily denote wrong doing, but it does sadly force you to share a category with companies looking to take advantage of the low standards for disclosure. It is my opinion that as soon as it makes sense to do so and is within the companies means in terms of profitability, they should complete the necessary tasks that bring it up to date with the SEC.
