Replies to post #296 on Sierra Resource Group Inc. (fka SIRG)

[QuietTim]

They have to buy first to sell...and I wouldn't mind to buy cheaper.Accumulation time is here,but if there's any news or 10q with still low OS-this will pick up speed even more.jmo

[joseytheoutlawwales]

I hear what you're saying, and agree to a point.

I don't expect a "significant fall" as you stated, for the main reason that there are MANY of us here patiently waiting for just such an occurrence, to buy as many shares as we can.

So even if a fall occurs, it won't stay down for very long.

The pumps, flippers, daytraders, will come and go.
Its always the way here in pinkieland.

However, the inherent valuations of a solid mineral property are the end game, the true worth, and the reason for longer investment.

True, I'll admit I plan to flip some shares off a core position if we experience any kind of "standard" mineral run... ie to .02, then to .08, then to .19, all in a matter of days/weeks.

I'd be foolish to not book some profit.
But I will always retain a core position in SIRG.

Much like LBS* and SR*R, both fantastic mineral valuations with the exact same run on initial "hype" before the actual digging truly begins. I took profit in both, bought back in with both, and am comfortable to hold for many years now.

I believe SIRG will rise in a similar fashion.

Trust what OMO is saying when he says this company is a "BUY even 10x current PPS".

good luck to all.

[lmcat]

These pumps only hurt the pps if people buy and dump. Trading volume today is about the same as the previous days.
For those of us who have researched SIRG and know the true value and potential, we will hold.

You do the math - 4,400 million lbs of copper at $4 per lb. Subtract the mining costs of less than $1 per lb. and what do you get?