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SRGE>massive chart breakout>$.006>tiny float undervalued gold stock
http://stockcharts.com/c-sc/sc?s=SRGE&p=D&yr=0&mn=3&dy=0&i=p96339448868&a=277899402&r=1347982333857
SRGE, creating new highs, breakout has started at $.006
SRGE will be braking into the pennies very soon. Expected to hit $.05-$.20 very soon.
Possible buyout news yet to come
http://stockcharts.com/c-sc/sc?s=SRGE&p=D&yr=0&mn=3&dy=0&i=p96339448868&a=277899402&r=1347982333857
SRGE, confirmed breakout at $.006 now at $.0063, starting to run
http://stockcharts.com/c-sc/sc?s=SRGE&p=D&yr=0&mn=3&dy=0&i=p96339448868&a=277899402&r=1347982333857
SRGE monster breakout at $.0063 confirmed
http://stockcharts.com/c-sc/sc?s=SRGE&p=D&yr=0&mn=3&dy=0&i=p96339448868&a=277899402&r=1347982333857
SRGE, at .0062 is breaking out. Is now starting its short squeeze. This tiny float undervalued gold stock is starting to run. Should be hitting $.04-$.20 very soon
I'll be happy if it hits the pennies, which it should even with out a buy out. If SCCO buys out SRGE then close to a dollar or just a lil over a dollar, which i'll be crazy happy. We'll see, only time will tell
SRGE making some nice movement, getting ready to run as soon as the last market maker Lamp gets out. $.0055 going to run up between $.05-$.20
Thats because SRGE and SCCO must have something thats wanted and are trying to put it down. Only make sense why same people are in both boards. lol
SRGE Is coming out of its short squeeze Etrade and Knight are placing large bids to buy back their shorts. SRGE is going to fly very soon. Hitting $.05-$.20 very soon
SRGE under valued and short squeezed at $.0053. Tiny float gold stock should be hitting $.05-$.20 ver soon and should of been trading at $.04
SRGE>$.0051>short squeeze>short term $.05-$.20>possible buyout very soon
SRGE going to burst out of its short squeeze at $.0051 very soon
TD Ameritrade, Knight, and E trade are going to have to start buying back all their shorts fate the 2 day close and small amount of stocks left. SRGE should be hitting $.05-$.20 very soon.
Yes they are. The buy out or merge looks very strong. With copper at its 6 week lows while gold and silver keeps coming, its only logical for the buy out. IMO
Only time will tell.
SRGE set fly from being at $00.51
With short squeeze ending soon, new high valuations, and possible but out news. SRGE is the stock to load before time keeps passing by and it starts to fly.
"SRGE VALUATIONS ARE ASSUMPTIONS AND FAIRLY ACCURATE!
That is exactly the problem with negating 24/7 because one fails to see that these are valuations based on assumptions, projections, historical values, industry metrics and etc.
Contrary to your view, the valuation for La Canita DOES INDEED assume less than 100% recovery as the cost basis used is 76%. If this asset were 100% divested to a major this year, 185,000 oz of gold can be monetized in one year. So the conservative math here is actually:
($1650 x 185,000 oz)-($620 x 185,000)/545874868=.349 EPS
0.349 x 21.20 P/E = $7.40
The figure $620 reflects cost per gold equivalent oz which due to the current price of gold still yields a GP much higher than figure, so if we are using a GP of 24%, it is no different than reducing revenues or recovery rate below 100%! Hence the statement in re of the current market value being $320MM IS NOT AT ALL QUESTIONABLE because if gold reaches $3,000 per oz next year, the valuation only moves in the same direction not the reverse making the $7,40 pps a bargain, wouldn't it?
IF we were to apply a 10 year life to the mine and evenly distributed 185,000 oz, then we would see a slightly diminishing EPS/PE value over time because the price of gold for NPV calculation purposes is fixed at $1250 per oz after 2015 while the cost basis remains fixed!
I will also take this opportunity to address a question you had regarding the strip ratio of Cinco Minas from the Tumi Report 2002/2004. If you can follow the fixed costs per gold equivalent oz, and consider the price of gold per oz in 2002-2004, does it make good business sense for anyone to work Cinco Minas then? This is not a difficult consideration.
IF SRGE were to not divest the CMM but actually worked on the known 20% over the next ten years, the expected P/E from 2013 to 2022 would looks something like the following based on O/S being fixed at 545MM and costs also fixed at $620 gold equivalent ounce:
$0,94
$0,94
$0,71
$0,57
$0,57
$0,57
$0,57
$0,57
$0,57
$0,57
The above can be achieved with a 500 tpd capacity! "
SRGE at $.0051 and set to fly based on its chart, short squeeze, and valuations
Setting new higher lows being held down by so many shorts, SRGe is going to fly after the markets beings closed for 2 days, all the big companies; TD Ameritrade, Knight, & Etrade will have to catch up and buy back their shorts. Besides the short squeeze SRGE is going to fly alone being it on its valuations.
"SRGE VALUATIONS ARE ASSUMPTIONS AND FAIRLY ACCURATE!
That is exactly the problem with negating 24/7 because one fails to see that these are valuations based on assumptions, projections, historical values, industry metrics and etc.
Contrary to your view, the valuation for La Canita DOES INDEED assume less than 100% recovery as the cost basis used is 76%. If this asset were 100% divested to a major this year, 185,000 oz of gold can be monetized in one year. So the conservative math here is actually:
($1650 x 185,000 oz)-($620 x 185,000)/545874868=.349 EPS
0.349 x 21.20 P/E = $7.40
The figure $620 reflects cost per gold equivalent oz which due to the current price of gold still yields a GP much higher than figure, so if we are using a GP of 24%, it is no different than reducing revenues or recovery rate below 100%! Hence the statement in re of the current market value being $320MM IS NOT AT ALL QUESTIONABLE because if gold reaches $3,000 per oz next year, the valuation only moves in the same direction not the reverse making the $7,40 pps a bargain, wouldn't it?
IF we were to apply a 10 year life to the mine and evenly distributed 185,000 oz, then we would see a slightly diminishing EPS/PE value over time because the price of gold for NPV calculation purposes is fixed at $1250 per oz after 2015 while the cost basis remains fixed!
I will also take this opportunity to address a question you had regarding the strip ratio of Cinco Minas from the Tumi Report 2002/2004. If you can follow the fixed costs per gold equivalent oz, and consider the price of gold per oz in 2002-2004, does it make good business sense for anyone to work Cinco Minas then? This is not a difficult consideration.
IF SRGE were to not divest the CMM but actually worked on the known 20% over the next ten years, the expected P/E from 2013 to 2022 would looks something like the following based on O/S being fixed at 545MM and costs also fixed at $620 gold equivalent ounce:
$0,94
$0,94
$0,71
$0,57
$0,57
$0,57
$0,57
$0,57
$0,57
$0,57
The above can be achieved with a 500 tpd capacity! "
SRGE going to run after all the shorts having to catch with 2 days market being closed
SRGE being extremely under valued based on their filings and 4th quarter still come. Folling is based on the 3rd quarter filings.
"SRGE VALUATIONS ARE ASSUMPTIONS AND FAIRLY ACCURATE!
That is exactly the problem with negating 24/7 because one fails to see that these are valuations based on assumptions, projections, historical values, industry metrics and etc.
Contrary to your view, the valuation for La Canita DOES INDEED assume less than 100% recovery as the cost basis used is 76%. If this asset were 100% divested to a major this year, 185,000 oz of gold can be monetized in one year. So the conservative math here is actually:
($1650 x 185,000 oz)-($620 x 185,000)/545874868=.349 EPS
0.349 x 21.20 P/E = $7.40
The figure $620 reflects cost per gold equivalent oz which due to the current price of gold still yields a GP much higher than figure, so if we are using a GP of 24%, it is no different than reducing revenues or recovery rate below 100%! Hence the statement in re of the current market value being $320MM IS NOT AT ALL QUESTIONABLE because if gold reaches $3,000 per oz next year, the valuation only moves in the same direction not the reverse making the $7,40 pps a bargain, wouldn't it?
IF we were to apply a 10 year life to the mine and evenly distributed 185,000 oz, then we would see a slightly diminishing EPS/PE value over time because the price of gold for NPV calculation purposes is fixed at $1250 per oz after 2015 while the cost basis remains fixed!
I will also take this opportunity to address a question you had regarding the strip ratio of Cinco Minas from the Tumi Report 2002/2004. If you can follow the fixed costs per gold equivalent oz, and consider the price of gold per oz in 2002-2004, does it make good business sense for anyone to work Cinco Minas then? This is not a difficult consideration.
IF SRGE were to not divest the CMM but actually worked on the known 20% over the next ten years, the expected P/E from 2013 to 2022 would looks something like the following based on O/S being fixed at 545MM and costs also fixed at $620 gold equivalent ounce:
$0,94
$0,94
$0,71
$0,57
$0,57
$0,57
$0,57
$0,57
$0,57
$0,57
The above can be achieved with a 500 tpd capacity! "
SRGE $.0051 extremely under valued stock. Going to be trading much higher very soon.
"SRGE VALUATIONS ARE ASSUMPTIONS AND FAIRLY ACCURATE!
That is exactly the problem with negating 24/7 because one fails to see that these are valuations based on assumptions, projections, historical values, industry metrics and etc.
Contrary to your view, the valuation for La Canita DOES INDEED assume less than 100% recovery as the cost basis used is 76%. If this asset were 100% divested to a major this year, 185,000 oz of gold can be monetized in one year. So the conservative math here is actually:
($1650 x 185,000 oz)-($620 x 185,000)/545874868=.349 EPS
0.349 x 21.20 P/E = $7.40
The figure $620 reflects cost per gold equivalent oz which due to the current price of gold still yields a GP much higher than figure, so if we are using a GP of 24%, it is no different than reducing revenues or recovery rate below 100%! Hence the statement in re of the current market value being $320MM IS NOT AT ALL QUESTIONABLE because if gold reaches $3,000 per oz next year, the valuation only moves in the same direction not the reverse making the $7,40 pps a bargain, wouldn't it?
IF we were to apply a 10 year life to the mine and evenly distributed 185,000 oz, then we would see a slightly diminishing EPS/PE value over time because the price of gold for NPV calculation purposes is fixed at $1250 per oz after 2015 while the cost basis remains fixed!
I will also take this opportunity to address a question you had regarding the strip ratio of Cinco Minas from the Tumi Report 2002/2004. If you can follow the fixed costs per gold equivalent oz, and consider the price of gold per oz in 2002-2004, does it make good business sense for anyone to work Cinco Minas then? This is not a difficult consideration.
IF SRGE were to not divest the CMM but actually worked on the known 20% over the next ten years, the expected P/E from 2013 to 2022 would looks something like the following based on O/S being fixed at 545MM and costs also fixed at $620 gold equivalent ounce:
$0,94
$0,94
$0,71
$0,57
$0,57
$0,57
$0,57
$0,57
$0,57
$0,57
The above can be achieved with a 500 tpd capacity! "
Thats great news, and not the first time that I have read that. Ive seen that same conversion and news from many reputable investor and analysis's on this site. The buy out from SCCO looks very strong and promising and like many of my posts its only logical.
SRGE+SCCO=$$$ both the companies and investors.
Key words on that post "JMO" any stock could be a pump and dump, but SRGE has enough DD and current events that can show/prove that its not a pump and dump. Guess time will tell and show you wrong.
SRGE is not a scam, maybe with the previous management it looked that way, but with the new management SRGE is only going to do big things. Only time will tell if SCCO will buy them out. Theres no telling till then if its going to happen, unless you have inside info. We'll see
you said it, SCCO buying out SRGE is just a rumor. Might not happened, but strongly believe that it will. SRGE is under valued for what its worth and its potential. With its new management SRGE is going to do big things. Im sure SCCO has its eye on it to diversify and bring in more revenue.
only time will tell and prove to you that none of it is fictional.
SRGE is going to have a strong week IMO
Possible release of their 4th quarter filings and Finally show current on the OTC Markets, SRGE is going to fly this week. Still a lot more to come the following. Cant wait.
SRGE getting alot of attention the past few weeks. Currently at $.0051, SRGE is ready to run
About to burst out of the short squeeze, SRGE is going to hit $.05-$.20 very soon.
Becoming current with OTC Markets, releasing its quarterly bullish filings, and great news.
http://www.otcmarkets.com/stock/SRGE/news/Southridge-Enterprises-To-Become-Current-Information-With-OTC-Markets?id=53912&b=y
Oct 27, 2012 Penny Stock Alerts Worth A Look: (PINKSHEETS: HEMP), (OTCBB: FRCN), (OTCQB: CLNP), (PINKSHEETS: SRGE)
Oct 25, 2012 Beststocksdaily.com Issues Investment Alert On (NASDAQ:AONE), (PINK:YLLC), (PINK:SRGE), (PINK:EVDR), (PINK:RFMK)
Oct 25, 2012 InsideBulls.com Profiles The Best Penny Stock Picks: (PINKSHEETS: CAGR), (OTCBB: MFTH), (Pinksheets: SRGE), (PINKSHEETS: MJNA)
Oct 24, 2012 Globalinvestmentalert.com Trend Analysis Reports: Yellow7, Inc. (OTCQB: YLLC) Titan Iron Ore Corp. (OTCQB: TFER) Southridge Enterprises, Inc. (PINKSHEETS: SRGE) Sutor Technology Group, Ltd. (NASDQ: SUTR)
Oct 24, 2012 Beststocksdaily.com Issues Investment Alert (PINK:SRGE), (PINK:BBDA), (OTC:SANP), (PINK:PWEI), (PINK:DNDT)
Oct 23, 2012 Beststocksdaily.com Issues Investment Alert On (NASDAQ:AONE), (PINK:TGWI), (PINK:CLNP), (PINK:SRGE), (PINK:BCAP)
Oct 22, 2012 Csrnewsdaily.com Issues Investment Alert On (PINK:MJNA), (NASDAQ:AONE), (PINK:SRGE), (PINK:CLNP), (OTC:SANP)
Oct 22, 2012 Southridge Minerals announces delivery of a Third drill rig at the Gran Cabrera Gold & Silver Mining Properties in Mexico
Oct 19, 2012 Beststocksdaily.com Issues Investment Alert On (PINK:SRGE),(PINK:SLNX), (PINK:GIHI), (PINK:MJNA), (OTC:SANP)
Oct 18, 2012 Beststocksdaily.com Issues Investment Alert On (PINK:WDRP), (PINK:BBDA), (PINK:SRGE), (PINK:BCAP), (PINK:LUDG)
SRGE closed last week at .0051, undervalued short squeezed gold stock getting ready to run
SRGE should be trading at a minimum of $.04 based on its current 3rd quarter filings. 4th quarter filings to be released very soon. SRGe is projected to hit short term $.05-$.20 very soon.http://ih.advfn.com/p.php?pid=nmona&article=54711493
Possible storng buy out news as well. Making the stock break a dollar as well.
http://sierraworldequityreview.blogspot.com/2012/10/southridge-enterprises-srgeaccurate.html
ARGE at $.0051 is extremely under valued, being valuated to be worth $1,892,525,00
SRGE should be trading at $.84 minimum.
SRGE "Gran Cabrera Mine" Valuation->$1,892,525,000:
SRGE DD & VALUATION ON ITS "GRAN CABERRA MINE"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79704043
SRGE at $.0051, very strong buyout news nearing. With copper at its 6 week lows SCCO has been having an eye for this under valued stock.
http://sierraworldequityreview.blogspot.com/2012/10/phoenix-meeting-between-southern-copper.html
SRGE been caught being shorted by TD Ameritrade, getting ready for a huge run
D Ameritrade has been caught with their pants down. They are wayyyyyy short with a HUGE share imbalance on the SHORT SIZE. SO SHORT THEY ARE RESTRICTING BUYS ON SRGE. This means its TIME TO HIT THE SHORTS HARD & WHEN IT HURTS---> NOW
SRGE at $.0051 about to get out of short squeeze
SRGE-POST#1-CONFIRMED FINRA & SEC Short/Naked Short=SHORTSQUEEZE
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80817200
SRGE getting ready to burst out of its short squeeze currently at .0051, this tiny float gold stock is suppose to to be trading at $.04 and is targeted to hit $.85 very soon.
Based on 3rd quarter filings, still waiting for 4th quarter filings.
$3.14 million in revenues AND COGS (readjusted by me) at 70%, GSA remaining similar...O/S of 545.8MM yields $0.04 per share.
http://ih.advfn.com/p.php?pid=nmona&article=54711493
SRGE most undervalued stock. Should be trading at $.04, will be trading close to $.84 very soon
Earnings just released yesterday late afternoon show SRGE is profitable for the 3rd Qtr and they show SRGE will be making .04 cents for the 4th qtr with an industry PE of 21 that will put the STOCK PRICE AROUND 84 CENTS SHORT TERM. Key thing here is that the earnings yesterday were posted on otcmarkets.com therefore SRGE will FINALLY BE CURRENT and furthermore SRGE already ANNOUNCED 4th qtr of $3.14MM in earnings so they will be POSTING those on otcmarkets.com very soon which means they will POST .04 CENTS PPS EARNINGS = .84 CENTS PPS WORTH TRADINGWISE!
SRGE READ->IN BED W/NYSE: PPP (PROOF..PICS..MINUTES..AWAY)
Very possible NYSE: PPP (Primero Gold & Silver in Mexico) is looking to JOIN FORCES or BUYOUT SRGE. SRGE 'EL HORCONCITO' is just a few miles away from NYSE: PPP (Primero SAN DIMAS MINES). About NYSE: PPP "SAN DIMAS MINES" Over the last ten years Wheaton River and then Goldcorp invested in a major capital program that has significantly upgraded tailings management, will increase production and achieve a lower cost structure in the future.
The San Dimas gold-silver deposit is one of the most significant precious metal deposits in Mexico in a very large (15 km x 15 km) mining district. Historical production from the San Dimas district is estimated at 11 million ounces of gold and 582 million ounces of silver, affirming it as a world class epithermal mining province.
Primero Announces Secondary Offering by Goldcorp Inc.
http://finance.yahoo.com/news/primero-announces-secondary-offering-goldcorp-231000199.html
HERE IS OUR NEXT DOOR NEIGHBOR NYSE: PPP RIGHT NEXT DOOR TO US (SRGE)
All of the San Dimas mines are underground operations using mechanized cut-and-fill mining methods. After milling, cyanidation, precipitation and smelting, dore bars are poured and then transported to refineries in the United States. Over the last ten years Wheaton River and then Goldcorp invested in a major capital program that has significantly upgraded tailings management, will increase production and achieve a lower cost structure in the future.
The San Dimas gold-silver deposit is one of the most significant precious metal deposits in Mexico in a very large (15 km x 15 km) mining district. Historical production from the San Dimas district is estimated at 11 million ounces of gold and 582 million ounces of silver, affirming it as a world class epithermal mining province.
The Tayoltita mine is the oldest operating mine in the San Dimas area. The main access is a 4.4 kilometre tunnel from a portal approximately three kilometres to the northeast of the Tayoltita mill site. The Santa Rita mine main access is by adit approximately three kilometres to the northeast of the Tayoltita mill site.
Primero Mining Corp. (NYSE: PPP)
Primero Mining Corp. is a Canadian-based precious metals producer and owns 100% of the San Dimas gold-silver mine in Mexico. Primero offers immediate exposure to un-hedged, low cash cost gold production with a substantial resource base in a politically stable jurisdiction. The Company intends to become an intermediate gold producer by building a portfolio of high quality, low cost precious metals assets in the Americas.
Primero's website is www.primeromining.com
can't wait. things are looking really good.
SRGE finally current with the OTC MArkets. Love how SRGE always delivers what they say and plan. Big plays next week and I'm sure a lot more still to come. With copper being at its lowest in 6 weeks while gold and silver consistently rising having gold at its all time high and silver being the next record breaking commodity. I see many copper companies looking out to buy gold companies. SRGE being so undervalued for what it worth theres a very strong high chance that a buy out will come very soon. Its only logical and smart. IMO
SRGE is definitely a stock to hold on to make real money in the future. Almost out of the sort squeeze guys. don't give up.
Copper being at its lowest as th PR states above, SCCO buying out SRGE next week makes a lot of sense being that gold is at its all time high and still rising and silver rising and expecting to get to all time highs. Big plays next week. Cant wait. HAte weekends lol $$$$
Cant wait for monday. Sure next week MDIN will be in the .004s, having it being the new lows.
SRGE is going is an almost out short squeeze, great news and being released
OPINION LETTER
http://www.otcmarkets.com/financialReportViewer?symbol=SRGE&id=93319
EARNINGS ARE OUT
http://www.otcmarkets.com/financialReportViewer?symbol=SRGE&id=93307
SRGE EARNINGS NEWS ALERT->PROFITABLE->GOLD/SILVER/PLAY
Float is 215MM and O/S is 545MM with 330 RESTRICTED shares. Company just BOUGHT BACK 443MM shares in OPEN MARKET! HUGE!!
SRGE->MUST READ THESE ARE MAY 31, 2012 NUMBERS.
Keep in mind that this is as of 31 May 2012. Up next is the 4th Qtr 2012. These NUMBERS look VERY GOOD. They are profitable as of May 31 2012 which is HUGE. They have an EPS of .0004 per share as of last Qtr of May 31 2012 which means they are VERY PROFITABLE NOW as of 4th Qtr with Revs of $3.14MM. Most penny stocks within the market is not profitable.
SRGE looking very strong and is ready for a great upcoming week
OPINION LETTER
http://www.otcmarkets.com/financialReportViewer?symbol=SRGE&id=93319
EARNINGS ARE OUT
http://www.otcmarkets.com/financialReportViewer?symbol=SRGE&id=93307
SRGE EARNINGS NEWS ALERT->PROFITABLE->GOLD/SILVER/PLAY
Float is 215MM and O/S is 545MM with 330 RESTRICTED shares. Company just BOUGHT BACK 443MM shares in OPEN MARKET! HUGE!!
SRGE->MUST READ THESE ARE MAY 31, 2012 NUMBERS.
Keep in mind that this is as of 31 May 2012. Up next is the 4th Qtr 2012. These NUMBERS look VERY GOOD. They are profitable as of May 31 2012 which is HUGE. They have an EPS of .0004 per share as of last Qtr of May 31 2012 which means they are VERY PROFITABLE NOW as of 4th Qtr with Revs of $3.14MM. Most penny stocks within the market is not profitable.
SRGE big things coming to play
OPINION LETTER
http://www.otcmarkets.com/financialReportViewer?symbol=SRGE&id=93319
EARNINGS ARE OUT
http://www.otcmarkets.com/financialReportViewer?symbol=SRGE&id=93307
SRGE EARNINGS NEWS ALERT->PROFITABLE->GOLD/SILVER/PLAY
Float is 215MM and O/S is 545MM with 330 RESTRICTED shares. Company just BOUGHT BACK 443MM shares in OPEN MARKET! HUGE!!
SRGE->MUST READ THESE ARE MAY 31, 2012 NUMBERS.
Keep in mind that this is as of 31 May 2012. Up next is the 4th Qtr 2012. These NUMBERS look VERY GOOD. They are profitable as of May 31 2012 which is HUGE. They have an EPS of .0004 per share as of last Qtr of May 31 2012 which means they are VERY PROFITABLE NOW as of 4th Qtr with Revs of $3.14MM. Most penny stocks within the market is not profitable.
SRGE getting ready to run. With the quarter reports being released and being almost out of the short squeeze SRGE should be easily trading at $.04 to $.07. Looking forward to next week once all the filings are fully released.
SRGE is making big plays. SRGE is going to fly next week and once the buyout is announced should be hitting double pennies very soon.