June 22, 2012 - Document Identifier 201209RPM19971 No Procede
SRGE opponents posted on our SRGE iBox that the Mine Registry "cancelled" this transaction between parties MSJ and Minera Southbridge as of 06/22/2012. Please refer to the iBox for reference.
Right above the record 201209RPM19971 there is another document identification with notations containing the Spanish word for cancellation which is Cancelacion.
The words "No Procede" as noted on our document 201209RPM19971 does not mean Cancel but rather "Not Applicable" Other words that could be close to cancel other than Cancelacion would be "anular" or "invalido" but given other records bear "Cancelacion" we can assume that our SRGE opponents again are twisting the truth.
Having said that, let me work this backwards. Let's say that the MMR indeed meant to "cancel" this transaction between MSJ and Minera Southbridge. The simple truth is that in order to cancel something, something needs to have existed in the first place. Show me how one can cancel something nonexistent and I will show you a genius!
So, what "existed" that perhaps got canceled? Could the mysterious "Third Party" from BGL's July 2009 PR really be SRGE?
Could "No Procede" also mean that the transaction between MSJ and Minera Southbridge are not applicable to cancelacion?
This document alone gives rise to the HUGE possibility that SRGE indeed has titles to the concessions.
The only ones who have not been able to do anything on the concessions are BGL as clearly notated in their annual report 2011! Why? Because they do not have surface rights and were never registered with MMR to begin with. This is clear.
Hope this further assists,
BB2
