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Sidney Resources Corp (PK)

Sidney Resources Corp (PK) (SDRC)

0.271925
-0.00668
( -2.40% )
Updated: 13:06:59

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SDRC News

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SDRC Discussion

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dave gruel dave gruel 4 hours ago
time for another FOMO arrow to drop
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mr34 mr34 17 hours ago
Wow, still nothing but silence here… how’s the merger doing ???? Did the AMATEUR
CEO give another timeline?? You know like the Divvys ,Merry XMAS, 5 weeks, ETC….. I hear Sunnyland has been dead lately, why is that ? Over 2k “people” in there and only the same handful of cheerleaders talking in a vacuum…..Going into FEB now…..

TICK TOCK
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gitreal gitreal 2 days ago
That XRF sure getting a work out. Yet another prospect with PGMs that the stupid miners forgot to analyze for. Sidney Resources acquires Silver Monarch property in Idaho
Published: 09:05 24 Jan 2025 EST

Sidney Resources Corporation - Sidney Resources expands portfolio with acquisition of Silver Monarch property
Sidney Resources Corporation (OTC:SDRC) has announced the acquisition of the Silver Monarch property, a 40-acre private patented site in Pony Meadows, Idaho.

The company said this strategic move strengthens its presence in the Warren District, a region rich in mining history, and includes the historic Silver Monarch mine, formerly the Keystone Mine.

The company highlighted the Silver Monarch’s mine legacy of high-value ore, with historical yields reaching up to $80 per ton when gold was valued at $19 per ounce.



Recent XRF testing has confirmed substantial concentrations of precious metals such as gold, silver, platinum, palladium, and iridium, highlighting its potential for scalable production, Sidney Resources added.

It is positioned on the eastern end of a vein structure within the company’s Warren project holdings.

The acquisition also includes access to five mapped vein structures and geological evidence suggesting extensions far beyond the current 130-foot shafts, creating opportunities for deeper exploration.

Sidney Resources plans to leverage historical data alongside modern technologies to maximize the site’s potential.

"The acquisition of the Silver Monarch is a pivotal step in advancing our Warren project," Sidney Resources chief operating officer Dan Hally said.

"This strategic purchase allows us to fast-track exploration and production on private land while leveraging historical insights to identify high-value opportunities."

Steve Dobson, Sidney Resources chief geologist, highlighted that Silver Monarch adds approximately 40 acres of strategically located deed patents, which will be crucial for future mine planning.

“The purchase is a great fit and will play a key role in the strategy to expand operations to the south-east part of the district,” Dobson said.
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gitreal gitreal 4 days ago
Oh Alex......you're a funny guy. Keep posting nonsense like this to remind investors that SDRC is now nothing but a stock scam. $2-4 billion per year in annual production? Wowsers.
☀️Alex Sunderland☀️
@SUNNYLAND24
$SDRC Just an IMPORTANT reminder 👇👇👇

$SDRC also has the furnace NOW. 😎

$2 - $4 Billion per year in annual production. #Gold #Silver #PGMs
Quote
Sean-Rae Zalewski
@SeanRaeZalewski
·
Dec 2, 2024
Replying to @SeanRaeZalewski
To provide clarity.

The terms were set via the share price at the time of the presentation on October 24th. Standard practice for illiquidity for 2 year restricted position is ~40%. Share price was .225 at the close of the presentation.

The raise will fund the operations
Show more
12:31 PM · Jan 24, 2025
·
2,405
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gitreal gitreal 7 days ago
Very little respect for private placement investors....he thinks they're all idiots that will fall for anything in the hopes their donations to the company will someday make them rich. REE, PGMs, laser mining, homer bucket metallurgy, meteorites, "green" mining, supersacks of "concentrate", gold that cannot be smelted, drilled, or assayed. They will eventually run out of things to throw at the wall.

Now on their second year of the meteor story......but at least they've finally toned down the PGM nonsense.
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mr34 mr34 7 days ago
Absolute joke, this guy has no clue how to manage a stock , this is literally the fourth time he made a big promise/statement and no accountability is given
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gitreal gitreal 1 week ago
But hey, the U of Alaska will study the meteorite impact theory!! Isn't that enough for you?
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mr34 mr34 1 week ago
Countdown to Dividends
Countdown to revenue
Countdown to acquisition
Countdown to 5 weeks extra weeks

And SILENCE from all clown shareholders
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mr34 mr34 1 week ago
TICK TOCK. Isn’t tomorrow the end of the new 5 week window deadline this CEO promised shareholders?!? If we hear nothing again then what ?????
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mr34 mr34 2 weeks ago
Yes …. And now they using Quantum as a new angle with xtpt without mentioning that it is years away…… funny how that works … but I guess they like holding bags of illiquid names for years anyways?
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dave gruel dave gruel 2 weeks ago
oh shit, the FOMO arrow is back-- time for this to dump again. .20 incoming. his PT $9-$28. why not $30? how about we all wait until $1, load up, and get 28x returns? still pretty damn good and much less risk.

what will hit first-- my $.20 bid or $1.00?
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gitreal gitreal 2 weeks ago
It is pretty interesting stuff, and yes, the metals mined at Sudbury are not from the meteorite itself but were deposited as the result of magmatic activity formed by having a hole punched in the crust........that was a question I had when I started reading some of the articles I found.

If SDRC were a reporting, audited company, with P.Geo's willing to sign off on PRs, a meteoritic source for the mineralization would be more palatable, and worth consideration. But, there is so much shady stuff going on here, I assume every PR and every "filing" is suspect (to put it mildly). Sunnylands's involvement alone guarantees that it is nothing more than a P&D, share-selling scheme.

Remember when they announced the results of concentrate assays from their magical piles found out in the woods? The math was flatout wrong, and they never corrected it. Stuff like that is why no P. Geo seems to have an interest in putting their name on anything the company is involved with.
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dave gruel dave gruel 2 weeks ago
thanks for the education-- fascinating read. sounds like it wasn't what was deposited by the impact, but the impact energy itself that made the area unique. makes the thesis a little more palatable to me (ie, it's not the old meteor bits they're going to be mining, but the materials formed from the heat of the impact), but an N of 1 is pretty hard to hang your hat on.

in the meantime, we wait for assays and homer bucket sales. . .
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gitreal gitreal 2 weeks ago
not to mention this "mining a meteor strike" has never occurred in the history of mining, correct?

Incorrect. Google Sudbury. https://www.geologyforinvestors.com/sudbury-ancient-apocalypse-to-modern-resource/

But careful.......it is a long leap to compare the Warren District to Sudbury. No proof it's located in a meteor strike. And no proof of a single molecule of PGM's in SDRC's ores. Not to mention all the other shady stuff going on with SDRC.
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mr34 mr34 2 weeks ago
Well Jan 22 is the new deadline inside this “5 weeks Tik Tok” nonsense this CEO has promised shareholders so if we get nothing again you will get some nice dumping unfortunately. Its time for this company to put up or shut up.
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dave gruel dave gruel 2 weeks ago
WTAF. back to the meteor thing again? academically interesting for a university to research but "confirming a meteor strike" in the area is completely different than an economically feasible recoverable resource. where are the f-ing assays they sent, where is the f-ing gold they can actually sell? not to mention this "mining a meteor strike" has never occurred in the history of mining, correct? still have my stink bids in, suspect they'll hit in the next month or two once this pump dumps.
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Yachts Yachts 2 weeks ago
No, when I look at the chart it's gone down, down, down. Oh bother!
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mr34 mr34 2 weeks ago
Yes he’s an amateur hype man who shouldn’t be trusted after his 60 day countdown clock to nowhere, on numerous occasions he literally said a PR “may come in the morning “ now they say M&A “takes times” so why didn’t they say this before??
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gitreal gitreal 2 weeks ago
This guy should probably quit playing at being a geologist.
https://x.com/MCErsky/status/1845821686672699863

The "insoluble" portion of those ancient assays is almost certainly silica, not PGMs. And he fails to understand that the units are percent, not ounces.

What a moron.
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mr34 mr34 2 weeks ago
New names getting upset on twitter is the only reason you got “ updates” today otherwise ceo wouldn’t have said anything. A new deadline for the “5 week” deal has been set to January 22nd for news, if we get nothing again then what ???
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mr34 mr34 2 weeks ago
This acquisition will not move the stock, why has the stock gone NOWHERE in the past year under this management team that the blind cheerleaders praise so much??
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gitreal gitreal 2 weeks ago
That's typical for a Sunny-promoted company....... I see that they are promoting the stockpiles as a valuable product. Yet, they say this:

In addition to facilitating exploration activities, gaining road access will enable Xtra Energy to test existing antimony stockpiles for potential third-party sale or supply agreements. This strategic move could provide an early revenue stream and strengthen the company's position in the antimony market. The company plans to evaluate the quality and quantity of these stockpiles to assess their commercial viability.

What responsible publicly-traded company would promote something as an asset.....having not actually determined that it's an asset? Why....a Sunnyland company, that's who.

Like right here with SDRC.....a year-long promotion of PGMs yet they have not proven that they have even a molecule of PGMs in their so-called ores. I suspect that the gold and silver values they've been reporting are also fudged, just a bit.

5 tons a day of valuable concentrate being generated by SDRC says one pumper. LOL......I think it is closer to zero tons.
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mr34 mr34 2 weeks ago
Yep, I hear the leader really teased the cult this morning pre market with big news and turned out to be xtpt trying to get a permit , distractions and moving the goal posts continue here .
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dave gruel dave gruel 2 weeks ago
c'mon down to $.20. you know you can do it!

i think the usual suspects/pump crew/fanbois have moved on to antimony from REE/PGMs; we will see the green FOMO arrow when the furnace starts up.

plus furnace = capital expenditure/tangible good that can be sold off later. probably purchased from a shareholder lol.
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gitreal gitreal 2 weeks ago
The last news on this is they are processing 5t/d now.

That's sheer, made-up bullshit. If it was true, and they've processed hundreds of tons, and filled many super sacks with concentrate....and yet not sold/smelted any of it???? These guys are still in the Homer Bucket version of make-believe mineral processing. And now they have a super-furnace to melt those pesky PGMs.....and yet can't come up with a single, certified, believable assay showing they have a molecule of PGMs in their ores.

This has the distinct odor of deception and lies. Very stinky.
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mr34 mr34 2 weeks ago
This guy is another top commentator in Sunnyland who says everyday we getting closer but as usual no substance to back it up , in my 20 years in the markets I have never seen a company get a pass like this, the last year has been a complete shit show and we have a ceo who doesn’t know how to manage the stock price even going as far as questioning on social media why the “street” hasn’t caught on!! Are you serious??
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mr34 mr34 2 weeks ago
That’s a huge issue here no pushback or countering, ceo sees him everyday with his 60 day countdown clock and doesn’t even tell him privately to knock it off? Just like no pushback in Sunnyland when amateurs talk byrg going to a $1, the place has turned completely unserious
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Hawkeye_tt Hawkeye_tt 2 weeks ago
The last news on this is they are processing 5t/d now. That was some time ago, so it may have increased.

Hawk
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gitreal gitreal 3 weeks ago
I don't see the company doing anything or saying anything to counter that ridiculous stuff. I'm sure they don't mind.
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mr34 mr34 3 weeks ago
He is a main promoter who has been wrong for at least six months now even going as far as deleting posts on X and in Sunnyland after predicting a PR drops the next morning he can’t be taken seriously all speculation garbage comments and really looked foolish with his 60 day countdown clock to nowhere.
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Yachts Yachts 3 weeks ago
Will someone please tell me if SDRC has announced a date when they will begin processing ore in any quantity to generate cash flow? I have not been able to find such an announcement.
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gitreal gitreal 3 weeks ago
Seriously, do SDRC investors believe nonsense like this?

See new posts
Conversation
MC
@MCErsky
We all want to see the acquisition completed by $SDRC. But acquisition or not. It still doesn't change the value they have and are generating. Every day $SDRC processes 5 tons of ore. That 5 tons contains Precious Metals valued between $280-402K. Silence is hard, but it doesn't mean work isn't happening. That's a Value of $100-$140Mill a year.
#Idaho #Mining #Gold #Silver #PGMs
11:00 AM · Jan 10, 2025
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956
Views

https://x.com/MCErsky/status/1877777511716720997

5 tons of ore a day? Worth $208-402K a day? Does the company claim this is true? Or is it just one pumper-fool?
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mr34 mr34 3 weeks ago
Another week goes by and silence from the company and even more concerning is the silence from shareholders, how much longer can this go on? where are we in the new "5 week" window that the CEO has promised????????????????????
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mr34 mr34 3 weeks ago
Just buying themselves more time while the big bully cheerleader is back to showing pictures of rock samples LOL, I guess its better than Kevin Cox emojis!!!!
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gitreal gitreal 3 weeks ago
A new special furnace for platinum? Why do investors put up with this? How about a single, credible assay that shows they have a molecule of platinum on their properties?

https://x.com/SeanRaeZalewski/status/1877095314185925025
Sean-Rae Zalewski
@SeanRaeZalewski
·
Jan 8
Melts 8 kg of platinum in. 8 minutes. Unit and exhaust system

Show replies
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thedroetdude thedroetdude 3 weeks ago
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mr34 mr34 3 weeks ago
It’s extremely concerning that the CEO is publicly admitting that he doesn’t know why “the street” isn’t catching on to this “story”. Expectations have been raised ever since he started talking Dividends and still nothing to show for it.
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Milwaukeemom Milwaukeemom 3 weeks ago
What’s the advantage for the people that bought the preferred stock?
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Yachts Yachts 4 weeks ago
Well, it was an interesting year. Let us hope SDRC turns things around and starts actually mining to generate income, which will surely increase the stock price. Anything less will be a great disappointment to me.
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gitreal gitreal 4 weeks ago
the “street”

The "street" does not accept fairy tales in place of facts. Not the street where the adults live, anyway.
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mr34 mr34 4 weeks ago
“As an investor in the company with both my own capital and having guided me by friends to the company I too am frustrated with the “street” not seeing the value of the company where I believe it should be. “

Is this some sort of sick joke? Whose job is it to manage the stock price and gain investor awareness??? This ceo needs to look in the mirror because we are all frustrated. Why am I the only one asking these questions?
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dave gruel dave gruel 4 weeks ago
the curse of Sunnyland's green FOMO arrow
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mr34 mr34 4 weeks ago
“Tax loss selling” is the latest excuse
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gitreal gitreal 4 weeks ago
Fraud? How about spending an entire year promoting that their mine(s) contained PGMs, iridium, rhodium, etc. And after a year, not a single certified assay result to confirm it.

That's fraud.

Spending money on other things than what they raised it for would be harder to prove as fraud (because business plans change). Of course, if the money ended up in the bank accounts of certain undeserving individuals, or things were bought that had nothing to do with the business.....that would be fraud. Not saying that happened, but......
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Yachts Yachts 4 weeks ago
I'm not a lawyer, but surely if a company raises funds for a specific project and fails to spend those funds on said project, that constitutes fraud. Would not the Board and management team then be guilty of fraud and thus be liable to the shareholders?
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mr34 mr34 4 weeks ago
Sunnyland a safe space ? If you want to see in real time why I and many others have left that toxic place go look at the concerned shareholder who innocently made a comment that maybe everyone chill with the pie in the sky valuation talk until idk maybe this company actually proves themselves with something material, next thing you know another big promoter (and the biggest bully) comes to the defense and talks down to him like he is worthless, he has done this to me and others in the past as well. And if you want to know about his credibility just ask him how CAVR is doing he was a top pumper there as well .
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mr34 mr34 1 month ago
Yep now he pivoted to Revenue and sec reporting is most important funny how that works when some of us here speak up . still silence from the company especially regarding dividend that was promised to “the street”
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dave gruel dave gruel 1 month ago
FOMO arrow is back, sort of like inverse Cramer usually predicts red days ahead.

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gitreal gitreal 1 month ago
a processing facility can generate revenue for this company beyond just feeding it with SDRC's ores. SDRC can contract out its use to other companies and producers in the region.

So many of the shady OTC companies that I have examined over the years promote this idea. Why? Because it justifies the toxic debt, and it deflects from the failure of the company to prove out its own reserves.

And when the money is raised.... surprise! No ore is mined, no state of the art facility is built, and there are no other "producers" in the area that seem to be interested. So where'd the money go?

Heard this story before, so many times.
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surrealistrader surrealistrader 1 month ago
To answer your question, it's basically a risk-free transaction for Scherrer, who not only receives the shares in exchange for the cash (a particular class of shares with particularly opaque and risk-averse terms,) but whose construction company is set to be the recipient of the funds he is contributing. Also, as said earlier, (further indicating favoritism) it "directly benefits the most influential shareholders of SDRC (The Lelands) who own the land that is being developed, who's interest is to keep this stock in a sustained cycle of buyer interest while the company's stock equity transactions funnel money to them and their association via the financing of development of the assets it owns and controls."

As an alternative to pursuing mineral reserves, a processing facility can generate revenue for this company beyond just feeding it with SDRC's ores. SDRC can contract out its use to other companies and producers in the region. I believe the motivation taking precedent here is to grow the value of the district, its economy, and the local real estate. Despite it being somewhat messed up from a public mining stock perspective, everyone on board with it seems to have accepted that proving the economic feasibility of whats underground is not the preferred way to achieve that end.
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