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Re: None

Saturday, 06/02/2012 12:35:35 AM

Saturday, June 02, 2012 12:35:35 AM

Post# of 62039
It took me some time to find but you can download a copy of their powerpoint presentation here

http://www.sierragroupinc.com/investor-center/

Some highlights include estimated cash costs of $1.18/lb including administrative and indirect costs. With a copper price of $3.52 expected annual net revenue of $11 mil. The power point assumes that 7 million lbs of copper can be produced in a year (note the report suggests that 20,000 lbs can be produced in a day).

I am a little a little shocked that an 8k (if increasing your mineral estimates from 27mil to 100mil isn't a material change I don't know what is) or a news release wasn't reported with the Rizzo Resource report.

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