From the shorters handbook shorters always focus o
Post# of 4018
Posted On: 03/11/2013 8:00:20 PM
From the shorters handbook shorters always focus on the same recycled issues-shares,TA etc scare tactics, shout fires, no matter how false -and they know their shout fires are false and distort-Always ignoring progress to and/or operations.
In answer to a bashers report of downward pps trend: And the week before there was a strong upward trend- many penny players doing what they do best-playing everything like a promo for lunch money-even though theres been no promo-they(the promo players) dont know anything-they dont know fundamentals or apparently even catalysts-such as what should be the imminent approval of the main permit the MPO-master plan of operations.
They say there are no sure things except death and taxes but I've never seen a permit denied in these circumstances as I've detailed before.
These ARE public companies -thats WHY we are here and so by definition they sometimes issue stock until revenue or other financing-
but u are ignoring the other side of the equation-the increase in the value of the project- for its own sake or financing or JV etc sake that will result from the MPO permit approval-an increase that far outweighs any incremental increase in the O/S
The biggest fact right now is what the lead man for BLM says re the project
Things almost always take longer than expected in business and personal life AS WE ALL KNOW from experience,but the main permit-the MPO- must be about ready,as per the man himself-see below
Daily miner article:
12/13/2012 6:00:00 AM
Ahron Sherman
Miner Staff Reporter
The process to open the Chloride Copper Mine, formerly known as Emerald Isle, has been drawn out over the last year, but it's getting to the point where those involved can see a light at the end of the tunnel.
Sierra Resource Group, the Nevada-based mining company working to re-establish the mine, hired Paul C. Rizzo Associates, Inc. to deal with the Bureau of Land Management's permitting process, which starts with the Mine Plan of Operations.
Known as an MPO, the document outlines everything Sierra plans to do with the site, from mining and milling to reclamation. Once submitted, BLM reviews it and, if needed, requests revisions.
"There's been a lot of revisions made to the document over the last year," said Buzz Todd, lead geologist at the BLM Kingman office and the one in charge of Sierra's permitting process.
"But we're very, very close to having a technically complete document."
Todd took charge of the case in September. Sierra thought its MPO had been accepted by BLM that same month, but Todd, who has many years of experience, re-opened the case for additional review.
A better review lends itself to a better product and leads to fewer environmental impacts, he said.
The most recent MPO revision was submitted Dec. 8. Based on what he's seen, Todd expects for Sierra to have a completed MPO no later than mid-January.
After that's complete, the parties involved will turn their attention to the National Environmental Protection Act-required environmental assessment.
This part of the process should be easier than the MPO process because issues expected to come up in the environmental assessment were considered while going through the MPO process, Todd said.
"We've been trying to address environmental issues throughout," Todd said.
The environmental assessment allows Sierra to propose mitigation of significant environmental effects to less-than-significant levels. The proposal will be based on what's been outlined in the MPO.
Todd expects Sierra to have a complete environmental assessment to present to the community for comment no later than mid-February.
"They're doing real good," Todd said of Sierra and Paul C. Rizzo Associates' involvement in the process. "I've enjoyed working with them."
Todd explained that the process Sierra has gone through up to this point is no different than what other mining companies go through.
"The interactive process has been positive and continues according to the schedule laid out by BLM," said Rod Martin, Sierra's CEO. "It's been very smooth, primarily because of what Paul C. Rizzo Associates and the BLM both bring to the table."
The company expects to hire 20 people to work the mine once it begins operations. Some of those are high-level positions. Martin said those are being filled with a staffing service.
For truck drivers and all other labor-based positions at the mine, Martin said Sierra plans to start hiring in April.
Jobs will be advertised in local publications and the community will get a heads up once Sierra is ready to start filling the 18 labor-based positions, Martin said.
In answer to a bashers report of downward pps trend: And the week before there was a strong upward trend- many penny players doing what they do best-playing everything like a promo for lunch money-even though theres been no promo-they(the promo players) dont know anything-they dont know fundamentals or apparently even catalysts-such as what should be the imminent approval of the main permit the MPO-master plan of operations.
They say there are no sure things except death and taxes but I've never seen a permit denied in these circumstances as I've detailed before.
These ARE public companies -thats WHY we are here and so by definition they sometimes issue stock until revenue or other financing-
but u are ignoring the other side of the equation-the increase in the value of the project- for its own sake or financing or JV etc sake that will result from the MPO permit approval-an increase that far outweighs any incremental increase in the O/S
The biggest fact right now is what the lead man for BLM says re the project
Things almost always take longer than expected in business and personal life AS WE ALL KNOW from experience,but the main permit-the MPO- must be about ready,as per the man himself-see below
Daily miner article:
12/13/2012 6:00:00 AM
Ahron Sherman
Miner Staff Reporter
The process to open the Chloride Copper Mine, formerly known as Emerald Isle, has been drawn out over the last year, but it's getting to the point where those involved can see a light at the end of the tunnel.
Sierra Resource Group, the Nevada-based mining company working to re-establish the mine, hired Paul C. Rizzo Associates, Inc. to deal with the Bureau of Land Management's permitting process, which starts with the Mine Plan of Operations.
Known as an MPO, the document outlines everything Sierra plans to do with the site, from mining and milling to reclamation. Once submitted, BLM reviews it and, if needed, requests revisions.
"There's been a lot of revisions made to the document over the last year," said Buzz Todd, lead geologist at the BLM Kingman office and the one in charge of Sierra's permitting process.
"But we're very, very close to having a technically complete document."
Todd took charge of the case in September. Sierra thought its MPO had been accepted by BLM that same month, but Todd, who has many years of experience, re-opened the case for additional review.
A better review lends itself to a better product and leads to fewer environmental impacts, he said.
The most recent MPO revision was submitted Dec. 8. Based on what he's seen, Todd expects for Sierra to have a completed MPO no later than mid-January.
After that's complete, the parties involved will turn their attention to the National Environmental Protection Act-required environmental assessment.
This part of the process should be easier than the MPO process because issues expected to come up in the environmental assessment were considered while going through the MPO process, Todd said.
"We've been trying to address environmental issues throughout," Todd said.
The environmental assessment allows Sierra to propose mitigation of significant environmental effects to less-than-significant levels. The proposal will be based on what's been outlined in the MPO.
Todd expects Sierra to have a complete environmental assessment to present to the community for comment no later than mid-February.
"They're doing real good," Todd said of Sierra and Paul C. Rizzo Associates' involvement in the process. "I've enjoyed working with them."
Todd explained that the process Sierra has gone through up to this point is no different than what other mining companies go through.
"The interactive process has been positive and continues according to the schedule laid out by BLM," said Rod Martin, Sierra's CEO. "It's been very smooth, primarily because of what Paul C. Rizzo Associates and the BLM both bring to the table."
The company expects to hire 20 people to work the mine once it begins operations. Some of those are high-level positions. Martin said those are being filled with a staffing service.
For truck drivers and all other labor-based positions at the mine, Martin said Sierra plans to start hiring in April.
Jobs will be advertised in local publications and the community will get a heads up once Sierra is ready to start filling the 18 labor-based positions, Martin said.
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