Replies to post #35682 on Sierra Resource Group Inc. (fka SIRG)

[Theonlystock]

We should be leaving 001s tomorrow just on the chart close at the high of the day for good momentum

[lukin4winners]

Good observation Stervc! $140M potential mining revenues would excuse the expression trump the Q which will also stimulate a lot of IHUB interest and propel us to a potential .0029 alone. With news all bets are off much higher coming.

http://stockcharts.com/h-sc/ui?s=SIRGQ&p=D&yr=2&mn=6&dy=0&id=p70303047916

[Stargazer1945]

Another well done post, thank you Sterv. If, the new company name is M&C Metals and they move 50% of the SIRG shares to it, I am assuming that the remaining shares will stay in SIRG, your thoughts...

[Wucher]

Trying to understand the excitement here. You say “…. the future owners of SIRGQ are going to be 100% owners and not 50% or less owners.” Is somebody buying SIRGQ? As I understood the “Overall Structure of the Plan”, SIRGQ was simply selling 100% of its interest in the mine to a bigger and probably much much better company. While the agreement appears to provide that SIRGQ may have some, as yet unexplained, opportunity to earn back an interest of no more than 5% in the mine …. it is important to note that when the deal closes (maybe it already has), SIRGQ (and its shareholders) will own exactly 0% of the mine. Don’t think that is good for valuation with or without a “Q”.
If I have got the basic idea wrong here, I would welcome correction. Thanks for reading.

[slider1396]

thats some straight up banging DD right there..