Sorry Arrington, but you were outed by 4 SIRG longs who all quickly identified you as SKA due to your unique use of wording, style of comments and the drift towards Asher. And don't call me "Kitty". Please do not bother to post on this board again.
There are warning signs on every OTC stock and they are especially concerning when you are dealing with a start-up company. But SIRG has a huge advantage in that it is a true start-up junior mining company and not one that decided after failing at other enterprises it would morph itself into a junior mining company.
That is the reason so much research was done on SIRG and it passed all tests. The infrastructure of SIRG's outstanding management team along with the men on their Board of Directors and the fact that they own 80% of the Chloride Copper mine make SIRG stand above 99% of the other junior mining companies.
J. Rod Martin was elected as the CEO less than a year ago after the sudden death of Patrick Champrey. He BOUGHT 9,700,000 shares of SIRG in Oct of 2010 as an investment and we know he has a lot of skin on the line with SIRG.
The Chloride Copper mine, formerly the Emerald Isle mine, has also been thoroughly researched. An NI 43-101 report was prepared by Roscoe Postle Associates of Canada for Ste-Genevieve Resources on March 10, 2006 and filed on Sedar. Since there has been no mining activity at the mine since that time, that report is still valid and could be updated as SIRG has Michael Rowland who is a Qualified Person on their BOD.
Other 3rd party reports were done by Behre Dolbear ( http://www.dolbear.com/ ) an international mine engineering company and Arimetco International of Tucson. All of these reports were done on the mine prior to its purchase by SIRG.
The recently released Report by Paul C. Rizzo Associates, Inc. increased the reserves and they are higher than previously estimated . The existing ore below the current bench levels from 3695 to 3420 values known between 3420 and 3310 could add another 13 Mlbs. Many holes were abandoned with higher than cut-off grade Cu values in and around the existing pit. Their continuation at depth could prove additional resources. Based on the forgoing, it is safe to assume that the current known resources would provide a minimum of 50 Mlbs of ore; at 5Mlbs/annum, that would support a 10 year mine life.
http://www.sierragroupinc.com/wp-content/uplo...Report.pdf
SIRG has made great moves forward in 2012 and there were a few stumbles along the way. But all those problems have been corrected including the replacement of the CFO with Barton M. Budman along with the accounting firm, being accepted as a client by Marcum LLP, one of the 15 largest independent public accounting firms in the nation.
