Replies to post #30692 on Sierra Resource Group Inc. (fka SIRG)

[jufel]

If we came in as qualified investors through red rock what is the minimum investment we could make in the mine

Start from here:

https://www.redrockassets.com/accredited_definition.php

Accredited Investor
1.a natural person who has individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million at the time of the purchase, excluding the value of the primary residence of such person;


2.a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year;


3.an employee benefit plan, within the meaning of the Employee Retirement Income Security Act, if a bank, insurance company, or registered investment adviser makes the investment decisions, or if the plan has total assets in excess of $5 million;


4.a trust with assets in excess of $5 million, not formed only to acquire the securities offered, whose purchases are directed by a person who meets the legal standard of having sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment;

5.a charitable organization, corporation, or partnership with assets exceeding $5 million;


6.a director, executive officer, or general partner of the company selling the securities;


7.a business in which all the equity owners are accredited investors;


8.a bank, insurance company, registered investment company, business development company, or small business investment company;