Sierra Resource Group Inc. (fka SIRG)

[lmcat]

Received another one today!
Make sure SIRG is on your radar, it is on high watch for a possible big bounce. These things may happen at any time. Check the Barchart rating on SIRG: http://www.barchart.com/quotes/stocks/SIRG

The volume surge definitely indicates something is going on. Back in Aug, SIRG was trading at intra-day highs of $.80.

There's more to precious metal investing than just gold. Savvy individuals have diversified beyond just looking at Gold.

There's no denying that gold has had a remarkable run in recent years but there's another metal out there that is on fire.

Red hot Copper rose to a record today almost hitting $10,000 a metric ton!

Some have said it could even reach $11,000!

If China is stock piling this stuff it's time to take a serious look. Rural China continues to modernize and with that comes electronics that require copper!!

"The conditions are in favor of base metals, particularly copper," an analyst at a Mumbai-based brokerage said.

"There is big demand for the red metal, whereas there is a supply deficit. The Fed's recent decision not to change interest rates is also weakening the dollar and this has aided the upside. Sentiment has also improved after the US and China posted a growth in their manufacturing index. We should not be surprised if copper touches the $11,000 a tonne level."

SIRG feels very satisfied about the company's timing in the market, and believes that copper demand will continue to rise.

SIRG has a big focus on copper with an 80% interest in the Chloride Copper Mine located in the Wallapai District, Mohave County, Arizona.

In 2007, Arizona was the leading copper producing state in the US, producing 750 thousand metric tons of copper, worth a record $5.54 billion!

SIRG plans to acquire the remaining 20% of the chloride copper mine. The company has entered into negotiations with the previous owner of the Chloride Copper Mine to acquire the remaining 20% interest it does not own.

Owning 100% of the Chloride Copper Mine allows SIRG to fully benefit from the mine's production of copper and zinc.

The acquisition of the remaining 20% has been important to SIRG plan to place the Chloride Copper Mine into production in early 2011.

The NI43-101 Report estimates that Chloride Copper Mine contains an indicated resource of 2.22 million tons grading 0.625% TCu (total copper) at a cut-off grade of 0.03% TCu and 10 ft. minimum vertical thickness!

You can view pictures of the Chloride Copper Mine here: http://www.sierraresgroup.com/index.php?serial_pag=17&serial_len=2#./gallery/1.jpg

According to Gustavson Associates, LLC., the inventory on site totals a cool $2.46 million!!

You can check that out here: http://www.sierraresgroup.com/diligence/Emerald%20Isle/gustafson.pdf

Copper has risen to its highest demand levels since July 2008 and global demand for the metal is will rise by 4.49% in 2011 according to the International Copper Study Group.

An article from a few days ago said that a couple metal inventories had the biggest decline in almost 11 months! The demand for copper is outshining the supply.

"The positive copper price outlook is buoyed by demand from strong economic growth in China and constrained global supply," said John Wilson, RCR managing director.

"Other than for the period around the global financial crisis, this has been the central theme of the copper market since the early 2000s and is likely to remain the theme throughout this decade," Wilson further said.

For more information on SIRG, visit their website at: www.sierraresgroup.com Always do your own research and consult with a financial professional.






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