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The buyout for SRGE looks very strong and real. If SCCO buys out SRGE, its going to be huge.
SRGE just released their 2nd quarter statement and is they are releasing their 3rd quarter statements very soon. Its finally going to be current with the OTC Markets. Big things are going to be happening here.
see SRGE hitting within $.05 to $.20 very soon. Cant wait for the 3rd quarter statements
SRGE, is going to fly, we need to get out of this shirt squeeze already.
SRGE just got current the OTC Markets. They just released their 2nd quarter statement and 3rd quarter is statement is on its way. Huge chance for SCCO to buy them out next week. Big plays happening.
SRGE about to blow. Quarterly statements just been released making them current with the OTC Markets.
http://www.otcmarkets.com/financialReportViewer?symbol=SRGE&id=93307
3rd quarter being released shortly
SRGE just finished filing their quarterly statement making them current with the OTC Markets. SRGE is a tiny float gold stock currently under a short squeeze about to burst.
http://www.otcmarkets.com/financialReportViewer?symbol=SRGE&id=93307
SRGE =>.0053, is finally current with the OTC Markets, releasing their quarterly statements. Possible buy out news next week. This stock is going to break pennies every soon.
http://www.otcmarkets.com/financialReportViewer?symbol=SRGE&id=93307
SRGE Alert, Quarterly statement is filed to the OTC Markets. This tiny float currently at .0053 gold stock is getting ready to run. Possible buy out news tomorrow.
http://www.otcmarkets.com/financialReportViewer?symbol=SRGE&id=93307
SRGE $.0051 Quarterly report released and filed into the OTC markets. Stock is going to run to the moon.
http://www.otcmarkets.com/financialReportViewer?symbol=SRGE&id=93307
SRGE $.0053 next 1000%-3000% break through stock. Alot of good news being released the past few weeks and days and passed its golden cross breaking new levels and setting new lows. Currently at a short squeeze getting ready to burst soon.
SRGE currently at .0053, Best gold stock possible merger next week to enter penny land
SRGE => $.0053 tiny float gold stock. should be hitting $.05-$.020 very soon.
SRGE at $.0053, possible buy out news next week. SRGE is going to launch very soon
SRGE, is still in the $.005s. Going to be OTC current by the end of this week. Good time to load
lol. GO SCCO and SRGE
MDIN is breaking new levels. Having the .003s being its new low, it'll be the .004s and so on. Cant wait for the news on the new store that they are going to be shelved soon. The we enter penny land
Smart move there buddy. SRGE is down at the very low at the sub pennies. Once SCCO buys it out next week the stock should rise to the pennies. Cant wait for SRGE to be OTC Market current, once that takes into play then im sure next week we'll hear some good news $$$
Next week is the big week. all we need is SRGE to become OTC Market current and SCCO will hopefully announce possible buy out of SRGE. These two combined together will create a force to bring in infinite cash. IMO $$$$$
Srge closed at $.0054, is the most undervalued stock I've ever come across. Its trading at a ratio of 1 to 1. Most stocks trade closer to 15 times earnings. SRGE is undervalued by 15 times, or 1,500 percent. It should trade around 7 cents. And as soon as the earnings report is posted it should more than double.
Hitting $.05-$.20 very soon
going to be OTC Markets current by the end of tomorrow
Why SRGE is solid…
The reasons why I believe SRGE is awesome are within the post below, but following are some condensed reasons from that due diligence (DD) post below:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80020316
1 – The price of SRGE is still well below a penny with huge upside and is greatly undervalued.
2 – SRGE Cinco Minas Property that it 100% owns has $1,191,700,000 in ”probable” gold and silver reserves.
3 – SRGE Gran Cabrera Property that it 100% owns has $1,892,525,000 in ”probable” gold and silver reserves.
4 – SRGE El Horconcito Property that it 100% owns has $1,931,200,000 in ”potential” gold and silver reserves.
5 – SRGE has a total of $5,015,425,000 in mostly ”probable” valuation in gold and silver from just three of their five mines.
6 – SRGE El Horconcito Gold Mine is located within the world's largest epithermal precious metals belt and home of several world-class mining operations; the prolific Sierra Madre Occidental gold belt; this mining region is estimated to be over 11,000,000 ounces gold and 582,000,000 ounces of silver.
7 – SRGE is listed as an Active Operational Mine under the Mexican Mining Center (MMC).
8 – SRGE has processed over 9,000 tons of ore and recorded revenues of $3.14 Million in just its 4th Quarter Fiscal Year 2012 ending Aug 2012 from their Cinco Minas mining operation.
9 – The amounts of 235,000 oz. of gold and 23.3 million oz. of silver represents only 20% of the world-class confirmed gold and silver resource at Cinco Minas.
10 – SRGE released news of expansion of its mill capacity to 500 tons per day (tpd) at the Cinco Minas.
11 – Mathers Research has initiated research coverage of Southridge, with a "Speculative BUY" Opinion and a near term price target of $0.20 per share.
12 – Behre Dolbear Report Confirmed High Grades of Resources at Cinco Minas.
13 - SRGE bought back a total of 443,576,000 shares and retired them to the treasury.
14 – SRGE Outstanding Shares (OS) is 545,874,868 shares.
15 – SRGE Float of shares available for public purchase is 215,957,230 shares.
Again, all of the above quick notes can be researched through the link above and below:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80020316
SRGE TRADING TIGHTER TODAY MEANS->VERY->BULLISH
SRGE is trading tighter now that we all locked our shares up for sale at $1.00 good til cancel. Market makers and shorts are having problems messing with the pps now. I am expecting huge news for the financials and a huge short squeeze very soon
its only makes sense to diversify and have higher valued goods. SCCO+SRGE=$$$$
I see SCCO buying out SRGE being that SCCO only produces copper. Copper as well know has been going down in value and is currently at its lowest. SRGE being a undervalued gold stock with 6 mines having billions of dollars in valued resource, would be the only logical thing for a copper based company to buy out to diversify and bring in more revenues especially from commodities that are consistently going up in value. Gold is expected to hit $3,000. by next year and silver to hit $1,000.
Definitely do see a buy out here IMO. We'll see for our selves next week.
with copper going down in value the smartest thing for SCCO to do is buy SRGE a very well undervalued gold stock with 6 mines having a lot of potential. With gold prices going up in value and silver being said going up very soon will just bring in massive profits. Don't see why SCCO would not buy out SRGE.
SCCO buying out SRGE will make this company golden. Not only will it have copper but also silver and gold balancing out the spread sheet and brining in more revenues
SRGE->Cinco Minas La Abra Mining Reports:
http://www.southridgeminerals.com/SouthridgePDF/La-Abra-Cinco-Minas-Report2006.pdf
http://www.southridgeminerals.com/SouthridgePDF/La-Abra-Cinco-Minas-Report2005.pdf
stock going to be worth short term $.05 to $.20
SRGE FLOAT IS GONE & LOCKED UP going to BURST very soon
DETAIL EXPLANATION & PROOF SHORTS ARE BURIED AND A SHORT SQUEEZE (MONSTER RUN) IS ABOUT TO TAKE PLACE. SRGE FLOAT IS GONE SO HOLD TIGHT LONGS
Quote:
My first point is that even if the total amount of Net Naked Short Shares was only "1 share" for the running total, still that would mean that the entire Float is gone. This means that SRGE is trading from a deficit of shares where basically "Air Shares" of SRGE are being allowed to be purchased when they don't really exist. I know that Market Makers (MMs) are authorized to Naked Short a certain amount of shares to create an orderly market per SEC, but since SRGE is not a fully reporting stock, it will not pop up on the Regulation SHO Threshold Securities List and not be bound by the Reg SHO covering rules. Something else has to force a covering “IF” a Naked Short of significance exists much greater than the “1 share” logic to be so.
My second point is that from speaking with the SEC on this matter, I had gotten conflicting answers. I have been told by one representative that it was a running total and that it is not a running total by another. So I waited a while and called again today and I was told that it was not a running balance and that each day should be considered separate as its own day. I have gotten conflicting answers from the SEC and FINRA so I have no choice except to choose which thought makes the most sense to me. Either way is a proven positive situation for SRGE in my opinion because it confirms that the Float is gone or that the inventory of shares within the Float is zero. The person that told me that those amounts are "Net" amounts ”for the day” and is not a running balance, referenced me to the link I previously posted and that you will see later below.
I verified the logic to confirm that it’s not a running balance by going back to research two trading days for SRGE; 17 & 18 Sep 2012. To prove why I disagree, take the data from the SEC on 17 Sep 2012 where it has a total for Net Naked Shorted Shares to be 4,200,491 shares. On the next day, SRGE only traded a total of 843,000 Gross FTDs for the next day on 18 Sep 2012. However, on 18 Sep 2012, the SEC data reflected a new total of Net Naked Shorted Shares existing of 2,538,727 shares. If the totals are cumulative as you are saying, then the previous day Net Naked Shorted Shares of 4,200,491 shares should have been part of the Gross Naked Shorted Shares that was reflected for the day of 18 Sep 2012. As you can see, lower amounts of shares were reflected for each instance than the prior day’s Net Naked Shorted Shares. It’s all right there within the data I provided. This is the logic that justifies what I am saying as to how it is not a running balance. This confirms that it is absolutely not a running balance.
The link below is where the SEC told me to go to see what I was being told in how the totals are not a running balance:
(After reading it, I do see how it could be some confusion on how to interpret the info.)
www.sec.gov/foia/docs/failsdata.htm
Quote:
Quote:…Fails to deliver on a given day are a cumulative number of all fails outstanding until that day, plus new fails that occur that day, less fails that settle that day. …
…these numbers reflect aggregate fails as of a specific point in time, and may have little or no relationship to yesterday's aggregate fails. …
Notice how it does not say “balance of days”… or “total combined days”… or anything signifying that it is a running balance of days. It specifically and consistently stated ”that day” within the SEC link. To add, it spoke of how the numbers may have little or no relationship to yesterday's aggregate fails. This means that each day is a new and separate and total consideration for "that day."
Again, my first point above will always stand based on what’s within the SEC and FINRA database. Again, even as a worst case scenario, if it is a running balance as you have stated, then that means that the Naked Short is only as big as the last date that an amount of Naked Short is reported. I think it is important to understand, my first point in that even if the total amount of Net Naked Short shares was only "1 share" for the running total, still that would mean that the entire Float is gone. Any significant buying pressure into SRGE could cause some serious problems which could result in some serious price increases because of the lack of inventory of SRGE shares for the demand that would presented.
SRGE CINCO MINAS CONCESSION TITLE CERTIFICATE:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79792363
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79058129
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79792636
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79792860
SRGE to be $.05 to $.20 very soon
SRGE->Behre Dolbear Report Confirmed High Grades of Resources at Cinco Minas:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79729247
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79729593
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79547036
should reach $.05 to $.20 even $.50 very soon short term
SRGE->Behre Dolbear Report Confirmed High Grades of Resources at Cinco Minas:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79729247
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79729593
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79547036
long term over $1.00, short term $.o5 to $.20
SRGE Huge Intercept & Huge Buyback News & New Share Structure:
SRGE is a $1.00+ stock long term, very soon reach $.05 to $.20
SRGE Huge Intercept & Huge Buyback News...
http://finance.yahoo.com/news/southridge-announces-bonanza-grade-intercept-130000220.html
Southridge Announces Bonanza-Grade Intercept at Cinco Minas and Stock Buyback Program to Increase
DALLAS, TX--(Marketwire - Sep 19, 2012) - Southridge Minerals, Inc. ( PINKSHEETS : SRGE ) ("Southridge" or the "Company") is pleased to announce high grade gold-silver results from their 2012 diamond drill program at their Cinco Minas, in Jalisco, Mexico. Assay results from the first six drill holes at Cinco Minas have indicated bonanza-grade silver with an average of 648 g/t (Ag) and high-grade gold of 268 g/t (Au) intercepts.
"These results prove to be great indications for the Company, as we are working diligently to expand the existing mineral resource at Cinco Minas," said Michael Davies, President & CEO of Southridge.
The Company also announces it is continuing their share Buyback with plans to increase the overall program. To date, Southridge has bought back a total of 443,576,000 shares and retired them to the treasury. The total outstanding shares to date are 545,874,868 with a Public Float of 215,957,230 and Restricted shares 329,917,638.
"At this point in Southridge's development, it makes sense for us to continue to buy-back shares of the Company. In our opinion, the current share price and market capitalization of the Company does not reflect our recent corporate developments," said Davies, "which is why we feel the program offers value to our shareholders."
Acquisitions of stock under the repurchase plan will be made from time to time as permitted by securities laws and corporate legal requirements and subject to market conditions and other factors. Share purchases will be funded by the Company's cash and through debt financing. The repurchase plan will continue as long as periodic management reviews deem it to be fiscally feasible and the plan may be discontinued at any time.
The Buyback program is intended to increase future earnings per share by reducing the number of shares outstanding and allow our share price to more accurately represent the quality and profit potential of our assets and operations to the investment community.
In other recent developments, the Company has now engaged the necessary professional services to migrate and up-list the Company's reporting status back to the Over-The-Counter Bulletin Board. It is anticipated that this process will be complete before the end of 2012.
Additionally, Mathers Research has initiated research coverage of Southridge, with a "Speculative BUY" Opinion and a near term price target of $0.20 cents per share.
The Mathers Research report is available as a free download on the Mathers Research Website @ http://mathersresearch.com/srge-report.
For further information on the Company's Gold and Silver projects, visit our website: http://www.southridgeminerals.com.
Southridge Investors can access the following Southridge Minerals social media channels:
YouTube Cinco Minas Mexico Project:
(
SRGE SierraEquity
$SRGE Meeting Next Week In Phoenix Between Southern Copper (SCCO) and Southridge Enterprises (SRGE) Predicts Sierra http://sierraworldequityreview.blogspot.com/2012/10/meeting-next-week-in-phoenix-between.html …
Could hit $1.00 very soon
SRGE->NI 43-101 and Related Thoughts:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79733529
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79745672
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79746793
short term to reach $.05 to $.20
SRGE->HUGE New Board of Directors; NV SOS update; & More:
http://ih.advfn.com/p.php?pid=nmona&article=54326240
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78409108
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79809518
https://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=aAcyYO1iIpfDt%252bkO7ehU8Q%253d%253d&nt7=0
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79853878
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80239327
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80503372
Short should be within $.05-$.20
SRGE getting ready to drill though the pennies soon. PR sating 3 out of their 6 mines gold have acquired 3 diamond drill bids. Possible buy out news next week and becoming OTC market current, this stock is going to be mining the market.
SRGE going to be current with the OTC markets by tonight if not tomorrow. Load up before it starts breaking through the pennies.
While ogld is going up so is SRGE.
SRGE gold stock extremely under valued with a tiny float having possible buy out next week. Dont miss out
SRGE is down at the lows. Load up before it runs and never comes back down
tight squeeze bursting soon. SRGE must have stock