Sierra Resource Group Inc. (fka SIRG)

[Warmy]

So all of the funds were used for permitting? That's laughable. Permitting doesn't consume $88,000 per month. It would be interesting to see just whose pockets that money is going into.

Yes it is dilution when shares issued devalues the value of current holders shares.

No, SIRG is not worth a dime more and won't be unless they start turning a profit. And FWIW, production does not equal profit. IF they EVER produce anything, profitability is a completely different issue.

Dilution through Asher, FOGO and Grand View should NEVER be considered a joke by investors.