I think SRSR is one of the worst companies I have experienced from a communication and clarity point of view. It failure goes way beyond and excuses of confidentiality agreements and such.
For example the drilling program for ST that was announced but never occurred or was talked about again. No update on the ST spin off 6 months later? Is it still on? Who knows?
SRSR has NEVER accomplished anything in the time frame they anticipated so delaying the DC is not surprising nor does it matter. The DC will get released when it does. We hang on each announcement and news but Scott doesn't. He knows the opportunity he has and isn't concerned about how long it takes.
Still despite these flaws they have control of a special property and slowly but surely are moving it along. So as investors we have to just live with their flaws and keep patient with the understanding that the prize in the end is large.
The DC is not likely to be any type of catalyst that will attract new buyers. It will provide insight on details of things we presently only guess at. Like Scott's holdings for instance; interesting but not going to change the status quo.
Possibly the HKHE partners being named if they are could attract some interest, but the DC is unlikely to shed light on what happens after the 5.5-10m deal. That will remain speculation in all likely and we will once again remain in the dark.
In short if you believe the the SRSR story the DC will likely reinforce your belief that SRSR has a chance to be a big success one day. If you don't know about the SRSR story the DC is unlikely to change that.
Over time additional things will happen, I believe the catalyst we continue to wait for is the IPO of HKHE as Niostar. At that point both the company and DR have a reason to promote things, provide timely news releases and put in effort to attract new investors. At this point on the pinks with a CTO, they don't feel they can gain any traction investor wise. They are waiting for the spins to begin any promotion. So your shareholder value issue is you have to wait.
The Niostar IPO is likely to be a Spring of 2012 event imho but I would expect they suffer delays that will impact that date.
So there is nothing wrong with the SRSR story just going to take more patience to realize any gains from it.
Other than that the only thing to look forward to is the ST spin off if that is still planned, Is it weeks or months away? Who knows, not sure if that is even discussed in the circular as the circular is about the purchase of a % of Niostar.
Certainly the shareholder meeting will give the opportunity for shareholders to voice their concerns about disclosure and try and get more information about the long term plan here, but I don't expect much to come from it other than a it will improve going forward.
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