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  4. Sierra Resource Group Inc (SIRG) Message Board

This is just my two cents but I do fear a signifi

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Post# of 4018
Posted On: 10/09/2012 12:04:02 AM
Posted By: SMResources
Re: Snafu_Ice #1860

This is just my two cents but I do fear a significant drop in share price. We are three months away from the New Year and anyone who can dump their shares at a loss and write it off on their taxes is getting closer and closer (never mind the end of the world yahoo's based on a Mayan date).It would be interesting to note how many shares were traded at much higher price then current to determine how many shares could be potentially dumped for tax write offs.  The election that will be going on til December(?) may slow things down because of government officials waiting to see which way the wind is blowing before making large decisions regarding the SIRG mine. The longer the wait, the more potential exists for SIRG to struggle to maintain their financial obligations.


To me it all comes down to investor trust in the company to keep their shares at a loss instead of dumping them for the new year. So far SIRG is and has been playing by the rules which is exactly what I am thankfull for and even if this does drop, you can bet your boots I will pick up some shares for sure. They have a really good resource and reserves. Most of all, they have been building the credibility of honesty and integrity to make the difference in realizing the project over the long term.


Just my two cents...GLTA...Go SIRG



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