Sierra Resource Group Inc. (fka SIRG)

[CopperRocks]

Seriously? Not to worry, Rod has everything under control?

Based on what? Even if all permits are granted in the next 3 months, what fantasy tells you that funding is already in place? That is not DD, it is wishful thinking.

There is nothing clear about SIRG right now. SIRG is a long shot. While downside is relatively small, and upside nearly unlimited, the odds are heavily against the upside. So many things have to fall into place, and they never all do.

The chance that SIRG re-opens the mine early next year with somewhat the same share structure as today (i.e. shareholders own the same % of revenues as they do today) is microscopic.

I own the shares I do because I am willing to take the risk that a) the mine ever opens and b) my shares are not diluted into worthlessness. But that is still a huge gamble with very long odds.

If you're not prepared to lose almost all your value in SIRG, you're in the wrong stock.