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Ask at 9 now. Whack the 8s and get your money back
11 million on the ask sell sell before it goes back down
VERT selling at bid says it all mah man
Wall Street News Alert for 6/20/12
Breaking News
SRGE Announces $3.5 Million Financing
Southridge Enterprises Inc. (SRGE.PK) announced on June 19th, 2012 that it has secured a $3.5 million convertible debenture with Duvernoi Capital Investments Inc. The funds will be used to further a number of gold and silver mining projects along the Sierra Madre Gold Belt in Mexico. Most notably, SRGE recently announced that it had finalized an agreement to purchase the El Horconcito Gold Mine in Durango, Mexico.
In WSIN opinion, the financing is the latest major development for SRGE and it establishes a solid financial foundation for the company to continue to carry out their strategic plan along Mexico's legendary Sierra Madre Gold Belt.
WSIN recommends investors keep an eye on the latest developments of SRGE, as this aggressive growth oriented mining company continues to move forward and execute their strategy.
Read Full Release Here;
http://wallstreetinvestornews.com/southridge-minerals-secures-3500000-financing/
Last week, SRGE announced they had finalized an agreement to acquire the El Horconcito Mine in the San Dimas Mining District. El Horconcito is located in close proximity to Prospero Mining's San Dimas Mine. SRGE has been aggressively expanding their property footprint along the Sierra Madre Gold Belt, and the San Dimas Mining district is a known Ag (silver) - Au (gold) epithermal mineralization system.
Prospero's San Dimas Mine has Proven & Probable reserves of over 500,000 oz. gold, and 31.8 million oz. silver, and last year produced over 100,000 oz. of gold equivalent. With gold trading in excess of $1600 an oz., at todays prices the production in 2011 at San Dimas Mine would be valued at over $160,000,000.
In addition to El Horconcito, SRGE has a 100% interest in their flagship properties, Cinco Minas and the Gran Cabrera, located in Jalisco, Mexico. Cinco Minas currently has a mineral resource of 235,000 oz. Au, and 23.3 million oz. Ag., with only 20% of the known vein system having been tested. A past producer, Cinco Minas is home to a 60 ton per day ore processing mill. Gran Cabrera is another gold-silver property that is also a past producer. To date, over 22 adits from previous artisan mines have been identifed at Gran Cabrera.
The addition of El Horconcito to their expanding portfolio of Sierra Madre Gold Belt properties is a major step forward in meeting the company's stated goal of being a mid-tier gold-silver producer in Mexico.
Additionally, Mathers Research has initiated research coverage of Southridge, with a near term price target of $0.20 cents per share. The Mathers Research report is available on the Mathers Research Website @ http://mathersresearch.com/srge-report
There are thousands of mining exploration companies trading on the market, but very few have a world-class mining asset and are located in a politically stable region of the world. Southridge Minerals (SRGE.PK) and their Cinco Minas property in Mexico should be on the radar of investors looking for exposure to the booming precious metals market.
• Cinco Minas is a past producing mine, with a long history of gold and silver production that dates back to the 1500's. In the early 20th century, Cinco Minas was host to a 500 ton per day (tpd) mining operation that saw the production of over 15 million oz. of silver. In recent years, Cinco Minas saw limited production runs through a modern 60 tpd mill located on site.
• Focus at the property in recent years has been on exploration efforts and proving up the mineral resource. Cinco Minas has a mineral reserve of over 23 million ounces of silver, and 257,000 ounces of gold with only 20% of the known vein system tested.
• SRGE recently announced plans to expand exploration efforts to being testing the unexplored portion of the known vein system in an effort to increase the current mineral resource at Cinco Minas. There are several
• SRGE announced on January 7th, that they entered into a Letter of Intent with a third party to fund the capital expenditure needed to put the Cinco Minas 60 ton per day Mill back into operation.
• Both Gold and Silver are trading well above historical prie levels, with gold trading over US$1600 per oz. and Silver over US$30 per oz.
• Mexico is considered one of the best places in the world to conduct mining operations, with a politically stable environment that has a favorable view towards mining initiatives. SRGE has worked hard with the local community at Cinco Minas to build a cooperative and inclusive relationship.
• On Jan 23rd, SRGE announced that Mathers Research had initiated coverage of Southridge Minerals with a buy recommendation.
Gold and Silver is trading well above historical price levels. Savvy investors looking for exposure to precious metals should keep SRGE on their radar screen.
Remember this... Just as you are finishing reading this email, so are thousands of other investors.
Will never hit a penny. You mean 0.0001
awesome-stocks.net
PROMO:
Dear Valued Subscriber,
SRGE had what it seems to be a slow day but in reality today was very significant because it showed how strong the stock is.
This could lead to an Epic Short Squeeze that could send SRGE to over $.25!
As we told you before, patience is key with these plays and we want to thank all members for their patience with SRGE. Summers have shown to be slow for the stock market but we strongly believe that SRGE will soar past our expectations in the very short-term!
There are many opportunites in the stock market but we believe that our reputation and track record has shown members that following our picks have BEAT the Dow Jones by hundred of percent. Not only is this impressive but outperformed all potential investment products out there! Make sure to keep SRGE on your radar.
This pick is far from being over. We are still 100% behind this company and believe it will exceed your expectations in gains!
BUYING SRGE could yield our members 1000%+ as mentioned by Analysts !
SRGE is a scam IMHO. Diluting right now baddly
Sell sell sell
Wrong pal this is called dilution
You got it
New bag holders at 0.0009
0.0005 today
Daily shorts are covered. Net short list shows opposite
No shorts
There is only one word and it is called DILUTION! GO VERT GO
I see 3 mah man! SHE IS DYINGGGG
BID WHACKKKKKKKKKK
I placed another block for sell at 0.0009! GO SRGE GO lol
VERT is diluting. I saw them whackin at 0.001
Let's hope that's the case here
SRGE's website is down. Any insight MoMo?
Hope you are right as we both hold stock. You have a nice one too.
I can show proof of how much I am holding. Unlike you!
its me and I am not shorting.
Get your mil of the ask and I will get mine off too.
Volume is low pump this when we see 50mil in one day. If not keep it quiet.
Wrong pal. NO new for this week.
You said that last week. Still trading very poorly.
We will have no news this week. I just called IR.
Why dont you buy it all at 0.0009?
There is over 5million on the ask! Will take time to clean.
Lots of stock for sale at 0.0009! Will not break 0.001 today
Wrong pal. WSIN was compensated
How can you say that? You have been buying since march when the stock has only fallen. Did you sell the lambo to then buy a honda? lol
Found in the internet:
The company's lawyer is Carrillo Huettel LLP of San Diego, Calif., which has also helped bring many companies public on the OTC markets that have later evolved into pump-and-dump schemes. The most recent example is Sunpeaks Ventures Inc., which crashed and burned in spectacular fashion in April and May.
Read more: http://www.vancouversun.com/business/Employee+accused+selling+fake+securities+pocketing+proceeds/6793401/story.html#ixzz1xzmhQBYo
MOMORAPTOR :
From Google " Carrillo Huettel, LLP has been linked to some of the best pump and dump penny stocks seen this century."
Isn't carrillo huettel being used by SRGE?
Wrong Pal.
" FNMG was compensated nine hundred dollars for by a non-affiliated third party for distribution of this release for Southridge Enterprises Inc. (SRGE: PK), FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE "
You have been saying that for months! where is the volume mate?
Still have not answered my question. When are we expecting news? you re the IPR guy so you should know.