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  4. Sierra Resource Group Inc (SIRG) Message Board

People not familiar with the permitting process ha

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Post# of 4018
Posted On: 02/22/2013 9:29:40 AM
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Posted By: Lmcat
Re: microcaps #2726

People not familiar with the permitting process have no clue of the expenses. If a CDM Smith representative sits down with an ADEQ agent and they spend 8 hrs reviewing and working on the APP permit that costs SIRG at least $250 an hour or $2,000 per day! People also have no clue how extensive these APP permits are.


To see what this permit contains go here: http://www.docstoc.com/docs/57907642/Arizona-Aquifer-Protection-Permit-(water)


BLM and Rizzo expenses for the MPO and EA are also high so SIRG has had a lot of expenses during the 3rd and 4th quarter. But these are all part of CAPEX.



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