Sierra Resource Group Inc. (fka SIRG)

[thizsukz]

Just for the sake of argument, let's assume that the company is worth the $13million that Mendina believes the company is worth (from 8k 10% of company is worth $1.3mil).

Let's further assume that the company fully dilutes to 1.49billion shares authorized. At $.0087 pps we get a market cap of $13mil.

So with full dilution and a value of $13 (and yes this value could be argued) we still get a pps nearly 3 times higher than we are currently at. This leaves quite a bit of room for the pps to move even in the event that the company fully dilutes.

Just as a side note you could assume that SIRG gave a 100% premium for the purchase (SIRG believes the mine is worth $6.5mil) and you still get a pps nearly 50% higher than it is currently ($.003 at time of writing).