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SMResources

04/23/12 7:27 PM

#3585 RE: ShipComesIn #3584

In all honesty, I would not have even broached the subject with my client had i not believed...IMO...that there is some value to the properties worth further investigation. The shares we all have are still worth something regardless of the current situation...IMO...I received the impression from Jack that they were persuing another avenue when I first and currently last spoke with him. Known investor companies that SDRC are associating with may smell blood so to speak and may be trying to basicly steal the ground by stalling for time....IMO...The longer SDRC stalls in making a decision, the less per share offer is what they will get cause the share price will dwindle. The cost of mining the ground will be really high so the cost of buying the company has to be very attractive before an investor will buy it up and buy it out...at least that is how i understand these big players. SDRC must be seeking a last ditch means to put this into production on their own or they are going to milk it until holding the claims will only be an expense for them.
I am unclear at this time how many miles of roadwork to do but if i was to draw an estimate from the oil industry, it is roughly 100,000 per kilometer or roughly 200,000 per mile. It all depends on the quality of road...
Then there are the professionaly engineered plans for the mine itself. Primarily mineral involves shafts and/or tunnels and that is very expensive and is possibly why SDRC is not already further along. Just my opinion guys and I am always learning what i can about mining
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popepaul

04/23/12 10:43 PM

#3586 RE: ShipComesIn #3584

I tried that, but after gluing, rolling, keeping the certificate numbers in order, then finding out it won't fit on the roller without trimming, it just wasn't worth it. I tried using them to keep Moths out of my shorts drawer, but they ate the numbers off and now I don't know how many I have left. GOODWILL just called and asked if we had any donations cause they would have a truck in the area tomorrow - - - - hhhhuuuuuuummmmmmmmmm?????? I told them to stop by cause I would think of something. pp