Sierra Resource Group Inc. (fka SIRG)

[lmcat]

When Rod discovered that the permits that were "good for the life of the mine" were not able to be transferred with a "Notice of Restart" as several previous reports stated it meant a new ballgame and at least a six month delay.

But Rod hired Rizzo & Assoc and they got the MPO approved. Then he hired CDM Smith to get the APP modified and transferred. They are in that process now.

When you are dealing with government agencies you are at the mercy of their timetable.

So a six month delay puts SIRG into 2013 when they should be ready to start loading the leach pad!

If anyone followed as many mining companies as I do they would quickly realize that things don't always fall in line as planned but SIRG is doing fine.
They might even beat the Oracle Ridge mine to production!