@dave r said:

I don't think anyone insinuated that you would get a reflection. You won't. If you aare waiting for a material to do that in SketchUp, I imagine that you'll have a long, wait. Why don't you do what others do and use a rendering application for that?

I'm not that experienced in that, so I just hoped there is something else...
Thank you, and I hope I didn't step on any toes here by making such remark
it was more of a desperate call

Either this doesn't get me mirror effect with reflection and everything, either I'm doing something wrong (Texture > Position is making me confused)...
I'm begging you all for some additional help on this topic.

P.S. I refuse to make peace with the fact that SketchUp doesn't contain simple 'mirror' material in the paint bucket

thanks everyone