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  4. Sierra Resource Group Inc (SIRG) Message Board

I hope they can pull a miracle, but seems unlikely

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Post# of 4018
Posted On: 01/18/2014 11:56:00 PM
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Posted By: microcaps
Re: rickm #3571
I hope they can pull a miracle, but seems unlikely-managing their pool of notes would give anybody a headache-

a powerful politician who decided business was evil- saw the tv doc on a station sympathetic to the politician- in late 2009 directed doj fbi sec dtc blm etc, who  in turn directed other entities- to target low priced pennies and do whatever they could to stop startups- since he was frustrated he couldnt do anything about big business due to their legal and political clout

so i wonder if thats why blm reopened the permit process aug 2012 and the blm political appointee is making things difficult -blm underlings cant say anything because its way over their pay grade and the anti-business attitude at the top violates blm's historical multi use profile

SIRG cant say anything because they dont want to make things worse- but I've never seen this anti- business attitude at the top-and I've never seen anything like this drawn out BLM etc permit process for a preexisting rural use w no organized opposition or competing uses-

Congress-in a backlash against the extreme anti business attitude- has lately been putting pressure on some agencies to be more equitable -which may work in an election year.even though those agencies /political appointees are anti-business

longterm investors dont kick in without permits and without permits best u can find is a gray knight or gray JV who exacts a heavy penalty from SIRG and stockholders for his "largess"

I'm surprised at the permit difficulties-bears no resemblance to my experience whatsoever - and imagine SIRG is also flabbergasted and frustrated,which we've seen in Sirgs communications w longs


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