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Re: thecrusher2011 post# 34601

Friday, 10/05/2012 3:01:47 PM

Friday, October 05, 2012 3:01:47 PM

Post# of 167964
About that SRGE Feasibility Study Report...

First, let’s help investors to understand just what it is that a Feasibility Study is suppose to provide…

http://en.wikipedia.org/wiki/Feasibility_study

Feasibility studies aim to objectively and rationally uncover the strengths and weaknesses of an existing business or proposed venture, opportunities and threats as presented by the environment, the resources required to carry through, and ultimately the prospects for success. In its simplest terms, the two criteria to judge feasibility are cost required and value to be attained. As such, a well-designed feasibility study should provide a historical background of the business or project, description of the product or service, accounting statements, details of the operations and management, marketing research and policies, financial data, legal requirements and tax obligations. Generally, feasibility studies precede technical development and project implementation. …



There is enough public information for investors to confirm that such is not an issue for SRGE as SRGE has plenty of data for their properties equivalent to and beyond data that suffices for having a Feasibility Study. Doing DD on SRGE clearly indicates that SRGE more than have covered the cost required and the value to be attained from their properties. Besides, since they are already operational, they are clearly beyond this phase.

The first report of a few that comes to mind that supports this thoughts is the "Behre Dolbear Report" which is a huge piece of credibility towards the valuation of the numbers at the Cinco Minas. The data from the Behre Dolbear Report was confirmed by SRGE as they stated within one of their earlier PRs. That and much more could be found from going through some of the DD posts within the link below that equates to and far surpasses that of a Feasibility Status:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80262106

v/r
Sterling