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Re: None

Wednesday, 11/14/2012 5:36:40 PM

Wednesday, November 14, 2012 5:36:40 PM

Post# of 222748
SRGE - more copy and pastes from press release:

If one has signed for the full acquisition of the Cinco Minas property than why are they discussing a joint venture partnership interest in the Cinco Mines????

These that make you go hmmmmmmmmmmmmm...Must be a scam!!!

It really doesn't get any more entertaining than this. they are actually hoping all the "believers" will hang on ANOTHER 4 weeks!!! How crazy is that!!!!

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http://ih.advfn.com/p.php?pid=nmona&article=55016708

Next steps

The Company and its advisers are currently evaluating alternatives and are in advanced discussions with two major NYSE listed metal producers regarding their Jalisco mineral concessions and properties. One of the firms has already signed preliminary documents for the full acquisition of the Cinco Minas property.

Additionally, a major gold producer with a satellite office located in Guadalajara has contacted Southridge with a joint partnership interest in Cinco Minas and the companies are engaged in serious discussions at this time. Southridge expects that the process could be completed within approximately 4 weeks.

There can be no assurance that any transaction regarding the Cinco Minas property will be completed. The company does not intend to disclose developments with respect to the progress of its strategic alternatives review process until such time as the Southridge board of directors approves or completes a transaction or otherwise determines that further disclosure is appropriate.



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this is funny too:


There can be no assurance that any transaction regarding the Cinco Minas property will be completed. The company does not intend to disclose developments with respect to the progress of its strategic alternatives review process until such time as the Southridge board of directors approves or completes a transaction or otherwise determines that further disclosure is appropriate.



But here they are discussing it. Bet there will be more press releases discussing how they can't discuss it!!! ROTFLMAO!!

Looks like they nabbed it from here:
http://www.reuters.com/finance/stocks/OIIM.O/key-developments/article/2582913


There can be no assurance that any transaction regarding O2Micro's Intelligent E-Commerce Group will be pursued or completed. The Company does not intend to disclose developments with respect to the progress of this review process until such time as the O2Micro board of directors approves or completes such a transaction, or otherwise determines that further disclosure is appropriate.



I suspect there will be no mining - given all these "deals" they are working on. total classic share seling scheme - selling shares on the storyline and not doing a bit of mining.
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