I would have to say the BLM is the most important and difficult process to get through. Why did they halt the permitting process? What is this restructuring they are talking about. Maybe Grand View is going to take over the mine???
I heard so many times in the past that funding is lined up, but it is permit contingent. That is a crock, because if it were true, they would still be working diligently on the BLM permits.
Fact is, they don't have any funding lined up, and they have over $350K coming due in October with no means to pay it. Grand View will not accept common stock to cover the notes. The game is almost over for SIRG IMO.
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.