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Re: None

Wednesday, 03/07/2012 8:38:33 PM

Wednesday, March 07, 2012 8:38:33 PM

Post# of 62039
Summing up the solid week SIRG has had!

PR out detailing that Rizzo & Associates will be hired to identify and schedule the necessary steps to bringing back the mine into production. Rizzo's quote from the PR "The SX/EW Plant is in good condition; however, in need of minor refurbishment and the replacement of some supporting equipment, but most of the equipment can be used and the Plant can be brought back into working condition within a reasonable timeframe and limited expense."

8k out detailing LOI for purchasing additional 10% of interest to mine at Chloride Copper Mine for $1.3M and 20M shares. This will raise SIRG up to 90% ownership when the deal is closed at the end of March. Additionally, SIRG hired an SVP of operations.

We got written confirmation of the share structure from T/A. There are just 268M shares outstanding. This doesn't mean that future dilution is impossible, but many had WRONGLY speculated that SIRG had already been greatly diluted since authorizing up to 1.5B shares.

SOLID FOLKS!

A funding PR within the next 4-6 weeks would be the next GREAT STEP for this stock!

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