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StockKingArthur

01/30/13 2:39 PM

#21451 RE: Actuate #21448

Really, and no penny miner has made it this far? I would hope not. But sirg has, so I guess they really are unique......lol
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warren1

01/30/13 3:15 PM

#21458 RE: Actuate #21448

All start-ups are in sticky situations. That's why investors, public and private, can get such good investments when they invest in start-ups. Risk vs. reward.

Start-ups stitch together funding until they "make it", in this case, permits for production, which long-term funding is probably contingent upon.

Rod has millions of shares which he bought himself, before he was CEO. He has a very large personal motivation not to lose the mine.

The financial situation of SIRG is very common for a start-up. Investors know what they own here.

SIRG is on the cusp of production, scare tactics won't work.