Southridge Enterprises Inc (SRGE)

[stervc]

To understand about SRGE Mining Operations…

I must say tob999 that I agree with your thoughts. MoMoRaptor stated in the post below that he and other investors had visited the SRGE Cinco Minas mine in Mexico and verified/confirmed that SRGE mining operations was ”ACTIVE” there in Mexico:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80067341

I think the works ”active” and ”production” and ”operations” are all being tossed around by all of us here and are used synonymously at times while not during other times. Here’s how I think we should understand the terms moving forward.

Per the SRGE PR released below on 09/05/2012 @ 9:31AM, SRGE stated that the company…

http://ih.advfn.com/p.php?pid=nmona&article=54054364

”…is pleased to announce that it has recorded milestone mineral production and revenues for the fourth quarter and year ending August 31, 2012, from its 60 ton per day (tpd) mill site at Cinco Minas in Jalisco, Mexico. In fiscal 2012, the Company processed over 9,000 tons of ore and recorded revenues of $3.14 Million. …

This means that since this was stating that SRGE was in production at the Cinco Minas for its 4th Qtr ending Aug 31, 2012, this means that SRGE was ”actually” in production for the months of Jun, Jul, & Aug 2012. This also does not mean that SRGE was not operational leading up to being in production anytime before then. It just means that the ”significant” production began in its 4th Qtr. This means that SRGE had to be "ACTIVE" as like what MoMoRaptor had posted to build up to this point of being in "production" as like what the company PR-ed.

I think investors here are getting some of the minor verbiage twisted adding confusion. Think about it like this… if a company begins production at a certain time, its production doesn’t just happen all of a sudden. There is months of set-up and build-up of being ”active” operationally which I consider to be a ”minor” level of operations leading up to becoming ”fully” operational to where a ”major” level of production exists to where a significant amount of revenues are being generated at a point to where they are worthy of being tracked as what SRGE recently PR-ed.

The operations had to be ”active” at a certain level first to be able to reach a certain level of where it would be considered ”fully” operational. I think we are still talking about apples versus apples here with the issue.

I think focusing on what SRGE did and did not do months ago is not very important at this point because of what SRGE has indicated for their direction now. I think investors should focus more on what SRGE is doing now and not so much on what they were doing months ago. They have grown in leaps and bounds and is still leaping.

v/r
Sterling