Not necessarily. SIRG only extended the note for 3 months, and it is costing them $145K to do so. If they default, Grand View could still easily take the mine. Only time will tell...
Oh there were many "claims" made about this turd called sirg, and one look at the pps indicates which of "those claims" were very wrong. The things that were "greatly exagerated" here are easy to spot. Again, all's one needs to do is look at the pps that is down more than 70% over this year and the same over the last year. Exagerated claims is quite right.