Thanks for that but my point all along here has been that what is being claimed as fact are not actually fact but instead hopes. Additionally, the actual facts that are being presented are dismissed as "innuenduo and half truths". Even SIRG knows the difference and states it in every filing. Here are some important statements to concider...
.
So, instead of "fact" it is...
if they get all permit approvals if they find financing if they make ALL of their payments to ALL of their note holders on time if they don't default and lose the mine if there is copper in the ground in the amounts claimed if the tailings have material value if they can successfully run the mine
...then they MIGHT turn a profit.
Even if all of the "ifs" come to fruition, that still doesn't address the matter of when. They aren't anticipating the FONSI cert. issuance until April 15, 2013 or on October 15, 2013 (if filing the mine deed of trust to Grand View extends it). Plus, it will take ~ $2 million and 3-6 months just to get the mine operational again.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.