All I have to go by are the facts that are provided in their filings. Stating anything other than what is provided by the company directly is nothing more than speculation.
The fact is, SIRG failed to follow through on EVERY SINGLE ASPECT of the Grand View Ventures notes. How hard is it to comply at least once by giving them the 10% of any new notes received???
Fact: SIRG has a history of defaulting on notes, and this time they must not only comply with the terms of the Grand View Ventures Forbearance, but also ALL of their other notes. They cannot miss a payment, or they immediately go into default with Grand View and they can lose the mine.
Failure to make payments on time = Default = Lose their 80% interest in the Chloride Copper Mine