Yes chris12, we do own shares in a real mine that is sitting on a real asset. This has been confirmed for me by a relattive, my sister in law's husband, who has a masters in geology and has been a miner in various places around the world. He grew up in Arizona, near Kingman, and knows the area well. Were it not for his DD, the money I now have in SIRG would be sitting in Amalgamated Mushrooms or some other soon to rise super stock.
A good portion of my adult life was spent in finance, home mortgages to be specific and even though I have never put together financing for any thing commercial, I am aware of just how hard it can be during even the best of times for a business of any type to secure a loan to begin their operation even if their papers are perfect, the CEO has a resume that yells success, all the members of the BOD are confirmed to be God fearing etc.
With this in mind, it could be that we will all "take it on the chin" and take it hard. And if that happens, I guess I'll just have to write it off as another lesson learned that I will soon probably be forgotten and head on to another stock with great potential. But I don't think that will happen.
I think that because we do own shares in a real mine that is sitting on a real asset funding will at sometimes in the future be secured. Yes, it may not be the kind of funding that is favorable to investors but we will profit all the same. The key to this investment/play/speculation, whatever it is to you, will be patience. If you have it you're going to win.
