We all are experienced enough as investors to understand that the 15% - 45% daily rises and falls of the SIRG stock price aren't really that relevant to the big picture, are we not? My concern is not with those meaningless daily moves, it is with the long term outlook of SIRG as an actual mining company. I hold close to 4 million shares and as such am VERY interested in facts, not flights of fancy. The facts are that SIRG has vastly underestimated nearly every milestone. Yes, government is slow...yes accountants failed to do their job....yes the LOI had other dependencies....and on and on and on. It is the job of a CEO to factor these in, and make appropriate forecasts. Yet Rod continues to act as if everything will just fall into place with no hurdles, and he has been wrong every step of the way. I own 4 million shares because I believe SIRG will make me rich some day. However I refuse to bury my head in the sand and assume all will just magically work out, especially with such a spotty track record of missing significant milestones. The more we miss, the longer things take, the more expensive funding is, and the more things can go wrong. I simply have set my targets lower, and my timelines longer, than most others here, and I would be willing to bet that I will be vindicated in the end.
(0)
(0)
Sierra Resource Group Inc (SIRG) Stock Research Links