Replies to post #6608 on Sidney Resources Corp (SDRC)

[Lazarus]

RE: "This discovery has been mined, produced gold and was left in high grade ore sooo I don’t know how this even applies here..."

I can tell you how it applies. THIS from their filing--->

Significant additional funding is required to complete the necessary work to outline adequate resources in order for a mine plan to be developed and to be incorporated into a feasibility study and financial model to demonstrate the economic viability of mine development and operation for the Lucky Ben Property and for the Hornet Property

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THEY HAVEN'T EVEN DEVELOPED A PLAN YET TO DEMONSTRATE THE ECONOMIC VIABILITY OF DEVELOPING THE MINE-- READ THE FILINGS
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...and don't forget ---- since inception (2003) the company has raised a total of $2,392,580 through the issuance of stock and still doesn't havent a mine plan developed.

But, hey, maybe nothing another $3 million can't fix.

But then again, what's a FEASIBILITY STUDY???

feasibility
noun [ U ]

the chances that something has of happening or being successful