InvestorsHub Logo
icon url

SMResources

10/05/12 1:53 AM

#18692 RE: StockKingArthur #18691

If I could send you a private mail, I would as I am curious as to your background on mining and mining operations. From what I have read and understand, SIRG has a valid claim on significant resources with permiting in the process. The economy has never been better in regards to precious minerals and in fact plays a part in driving the economy simply in its prescious metal value. When you add in infrastructure in the context of housing electrical, and electronics, copper has and will always play a part. Especially in places like China right now. In short, there is a market and SIRG has proven reserves.
In my opinion, the only hurdle that will determine SIRG's fate is the time it takes for the government to expediate the permiting. I am suspect that this permiting process will depend on the forthcoming election. Nobody in government wants to make a decision about much of anything until after the election to be sure as to which way the wind is blowing...
Other then that potential, I am curious as to how you can justify SIRG's shares dropping out of sight?