Sierra Resource Group Inc. (fka SIRG)

[lmcat]

Just chill out until SIRG's APP modification and transfer is done. A Reclamation Bond must be posted as part of the permit transfer.

I doubt Rod would have progressed this far without a business plan and that plan includes the availability of funds for the bond, the closure of the LOI, the purchase of the additional 90 acres, retiring the Asher notes, the construction of the new heap leach pad/pond and the repairs/replacements necessary to return the mine to production. We are talking $7 to $10MILLION here and it won't be convertible notes!

Arizona Pension Funds have been investing in state industries and the Chloride Copper mine would be an example of such an investment. After being burned in the stock and bond markets they have begun supporting state industries and receiving higher returns! Maybe they are providing the funds.