Sierra Resource Group Inc. (fka SIRG)

[Dwill2]

When the news some months ago of the expansion to 1.5B Authorized Shares arrived, the market seemed to give SIRG a beating as that large number seemed to make people think that massive dilution was on the horizon. Now that they've not finalized that and it has reverted back to 460M A/S, I imagine that we'll see a BIG bump in share price since the company has decided to 'operate under 460M' and the 'massive dilution' argument for the time being is moot.

I also think that that A/S decrease by 1 Bln shares coupled with a funding announcement that we think is coming in the next couple weeks will send this thing into the pennies.