Sierra Resource Group Inc. (fka SIRG)

[StrengthenNumbers]

Read back through the posts here...





Some astute, diligent folks have been digging around and have been kind enough to post much of their work here.

The company has a cathode refining mill, in an area with many other miners, at a time of record metals prices. Do some research on cathode processing. It offers a significant advantage over shipping ore offsite for refinement. If they can refurb the mill, revenue is a given whether they mine the claims themselves or not. Road access, power, etc, are all well established and the area is a mining district, i.e. easy permitting.

The claims are modest, but certainly commercially feasible by current standards. The real speculation comes with the connections and professional history of the recently added board members. A look at the background and professional achievements of the new BOD should cause anyone to look twice. To me this reads like an RM being used to facilitate a deal between a trust and a consortium of entrepreneurial investors, likely to raise capital and exploit a TBA claim that one or more of the directors has located or optioned.

And I should have flipped out for freebies this morning, but I had other fish to fry. I also had another bid for lower entry and didn't want to be locked out for the dip if it came today.