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I am going to assume you think that MMC (MexicoMiningCenter.com) is in some way associated with the Mexican Government.
MMC is not the Ministry of Economy and it doesn't have anything to do with the Mexican government. First, it is a .com not a .mx site.
MMC is a paid for inclusion site - you pay them and they will include you and put whatever you want to say.
Have you ever seen a government site that has paid banner advertising.
This hoax was busted many months ago - when it was presented as thought it was the Ministry of Economy.
IG
And he has no connection to SRGE other than what the press releases say - and they have been proven to false.
You do know that Mexico City and Guadalajara are on Central time! It seems many think Mexico is on Lunar time - LMAO!!!
IG
Where are the contracts that show the sale and why hasn't the Ministry of Economy recognized the sale.
Why hasn't the new BOD members addressed the appointments - because they don't know who SRGE is and have no idea they are new board members.
I guarantee Enrique Aubry doesn't know anything about SRGE - I will contact him and post his answer.
IG
Why has there not been any statements from any of the new BOD members? That is very odd.
I am pretty sure there will be a press release from them any day and it will have a brand new gmail or mail.com account attached to the PR.
Those guys have never heard of SRGE and have no idea they are on the BOD.
How about some proof.
IG
Quikfix called and recorded the call - nada - nothing no answer.
Why don't you call back and have tatiana send you a email confirming that SRGE has the mining concessions.
I will be waiting - I have been waiting for 5 months for anyone to verify the CEO exists - LMAO!!!
IG
You do realize that in a Gold mining operation silver is a by-product that is dealt with as such.
Here is an example, in the DD done on valuation of SRGE the guy doing always uses 100% recovery - in the Mexican operation of GC they have a combined recovery of 67%.
70% of silver production is a by-product of some other type of mining. There isn't nuggets or veins of silver and it is separated using electrolysis or a chemical process from gold, copper or zinc. The recovery of Silver is substantially lower than gold and is in the 20% range when mined with Gold.
Another item that is never taken into account with the pro-SRGE DD and that is the all-in cost is between $800 and $900.
With GC the cash costs are $847 - they were paid $1547/oz as this is cash costs and not all in costs they received about $700/oz. So the blue-sky picture painted by the Pro-SRGE DD/Valuation is completely wrong.
Here is a breakdown of the Goldcorp gold mine (largest in Mexico)
Then post some of the evidence - it is very easy to say something is true when you never post anything that can be verified.
Investors beware - nothing about SRGE can be verified.
IG
Please be adised that Alex Smid is still owed more than $1,000,000 and it is very odd that the press releases are still in the style of Alex Smid.
Also, SRGE came into existence shortly after SAEI was halted for doing the same thing SRGE is doing now.
They claimed Prokhorov was buying SAEI for a premium. Sounds similar to the NYSE buying SRGE.
Guaranteed Michael Davies = Alex Smid Ask the SRGE guys why they can't verify that Davies even exists. No work or education history.
You will soon see.
IG
Sounds like a PhD in SRGE promotion - Piled higher and Deeper.
Now it is a top ten NYSE company - now this is hilarious.
And now you know folks why the investment community has looked at SRGE and yawned - they are just watching the SRGE train wreck now.
IG
MoMo, I am still waiting for verifiable proof SRGE has mining concessions in Mexico. The Ministry of Economy which governs the mining industry has no record of SRGE in their database.
The "I called Tatiana..." has been proven false.
Where is your proof???
Also, since you talk to SRGE daily how about providing the work and education history for the Phantom CEO Michael Davies? A public company with a CEO that has zero presence on the internet - COMPLETE BS. The one sentence blurb on Linkedin doesn't count because again there is NO verifiable information.
Why don't you have SRGE remove the GAG from the TA so we can see what the real share structure is - after the mass dilution.
When is the UPLISTING coming - you guaranteed it was going to be here 8 weeks ago - what happened.
How about the audited financials from SRGE you know they have 5 years to catch up on foor the uplisting - LMAO!!!
How about real proof on let's see - ANYTHING - as SRGE hasn't provided any information on anything that can be verified - AMAZING!!!
IG
First, Goldcorp isn't doing anything with SRGE - let's be clear about that.
Neither is SCCO - they have classified the rumor as baseless in both written and verbal communication.
In doing a JV when a company is supplying capital they have a SEC and shareholder responsibility that the company they are JVing with is solvent and there aren't any skeletons in the closet.
On the stinky pinkies the SEC lets knuckleheads screw other knuckleheads almost completely unabated. But the NYSE is a different animal - if you think a company is going to commit $600 million and not do their DD - you have been in Pinkyland far too long.
It is being very naive to think it is about reserves only on the NYSE level.
IH
Show which email was fake and I will look at the header to verify where it originated.
I don't know about a BGL phone call - never heard or saw that on the board.
How about just one time you present real evidence other than just talk with no proof.
Tell me which email you are claiming is fake and I will get them to post the header info and we will see who is telling the truth.
Are you saying that nodummy posted a fake email from SCCO where the IR department classified all SRGE rumors as BASELESS. I will put up nodummy's reputation against all of the SRGE paid promoters.
IG
Please, Goldcorp was NEVER a suitor - it was completely fabricated by a paid promoter on the board.
No NYSE company especially a real mining company would never buyout or JV with a company who has direct ties to SAEI, a CEO whose identity can't be verified - where is his work and education history.
SRGE has gagged the TA, done a mass dilution by increasing the A/S by 50% (500,000,000 shares) in the dark of night. SRGE issued a press release to announce a upcoming press release but didn't announce the A/S increase until it was posted on iHub and then they waited 4 days.
How do you do a buyout with no audited financials - SRGE hasn't filed audited financials since 2007.
IG
I am 100% positve that SRGE has no mining concessions in Mexico - so they can't have billions in Gold.
I will show you that the Ministry of Economy which governs the mining industry doesn't have SRGE in their database as having the mining concessions at Cinco Minas and Gran Cabrera.
What and where is your proof that SRGE has the mining concessions? Oh, I know you talked to Tatiana - that is not verifiable proof for the following reasons.
1. Terry received a email from Tatiana on how to obtain a copy of who owned the mining concessions.
2. The telephone number you provided has been called numerous times and quikfix recorded the call to Tatiana and was never able to make contact.
If you have verifiable proof present it.
IG
Seems like a great deal of Paid Promotion for SRGE on the board the last day - seems to be a act of desperation.
No Buyout/JV
No Uplisting.
No removing the GAG from the TA.
No Audited Financials
No Mining Concessions
Only Press Releases with information that can't be Verified.
In other words SAME OLD SRGE!!!
IG
I-Glow Blows Lid Off Fake Evidence!!! Where is the evidence asks I-Glow??? I will respond to each of your posts and show how there are completely wrong and in most cases completely a figment of a active imagination.
1.
If PPS goes to $0.53 it will trigger a Press Release with Huge News.
This has been the pattern for PRs - bad news or new evidence to show SRGE is a scam - and BAM a new Press Release.
IG
My day wouldn't be complete without the using Sierra as a reference to validate SRGE - LMAO!!!
Caveat Emptor - New Investors Beware - Read the disclaimer for Sierra.
Also, Sierra predicted that Microsoft was going to buy TAGG (a APS Play) - Yep, that Sierra blog is a great source to confirm SRGE is doing a big deal with a NYSE company. But the best is yet to come -
Yankyfann1, I think it is very telling that no one wants any part of SRGE and they have a dividend coming - but it isn't 3% - I am not sure where you got that.
I made a suggestion to clear all of this nonsense up one way or the other and it is very easy to implement. Here is what can be done:
1. SRGE needs to remove the gag from the TA.
2. SRGE, needs to have a press conference and have all of the guys who are supposed to be on the BOD say something about SRGE.
3. SRGE needs to have a video feed of the mine in operation, the technology is very simple - have 3 or 4 cameras for a live feed and everyone can see what they are doing at CM.
If they have a live feed from the mine and they are working then that means they have the mining concessions.
4. Have Michael Davies put his education and work history on the website so it can be verified and show that he exists.
This is a solution that will settle if SRGE is a real company or just a Press Release company.
IG
Great summation Bill. So far SRGE has had item that could be verified in all of the PRs that were issued and that was about them hiring Magna and Magna providing a $5 million line of credit. When contacted Magna says they have no business relationship with SRGE.
It was kind of like the SCCO buyout rumor started by the paid promoters and the Sierra blog - one email to the SCCO IR department and the classified the rumor as BASELESS.
Oh, don't forget the fitional financing companies that appear in SRGE press releases only - Quixstone Investments, Inc. and Duvernoi Capital Investments Inc.
I know how you got this information:
What happened to the Massive, Huge News that was supposed to be coming out yesterday?
It is very odd how all the SRGE guys can only verify information via phones calls that can't be verified.
Why don't you call them back and tell them to send you a email verifying that Magna is working with SRGE. That should be easy.
I will be waiting for you to post a screenshot of the email response.
IG
LISTEN NOOBS!!! WOW, you are using the same guys DD that lists MMC (MexicanMiningCenter.com) to verify SRGE is mining in Mexico - that is actually very poor DD - as MMC is a paid for inclusion site and has nothing to do with the Mexican government (it is a .com not a .mx site) Excellent DD indeed LMAO!!! Read the DD:
Let's see,
LR2, it is so easy to say you talked to someone but that is no proof and certainly not DD.
So far all of the proof from the SRGE guys that they have the mining concessions is they talked to Tatiana. How hard it would it have been to say, Tatiana could you send me a email confirming this.
The guys providing real DD have provided emails (from SCCO), emails from Tatiana telling how to get the mining concession verification and more importantly we took the concession numbers from MoMo's photos and put them in the Ministry of Economy website and interestingly enough, Southridge Minerals didn't appear anywhere on the official Mexican government site.
It is very easy to fabricate a story when the only evidence is a phone call that is not recorded and it can't be duplicated by the number provided.
IG
SRGE went dark 2 years ago.
Please expound on why real companies GAG the TA - this should be good.
SRGE hasn't released any audited financials in 5 YEARS - they will never do it.
OK, being dark, gagged TA and a A/S increase of 50% and not issuing a press release until they got busted on this board.
Heck, SRGE issues a press release to say they are going to issue a press release but forgot one about increasing the A/S 50% - yeah that is how real companies operate. LMAO!!!
You have got to be kidding!
Most all mines now have cameras covering all of the high traffic areas for SECURITY. It wouldn't be a security problem - if so how. I know why it is a problem for SRGE - they aren't mining at CM or anywhere but it isn't because of security reasons.
So you are saying to list Michael Davies Bio with his work and education history is not being done for security reasons - absolute nonsense. Every CEO of every other legitimate public company has their Bio published that can be verified.
WOW - LMAO!!!! Now I have heard everything from you SRGE guys.
IG
Yes, everyone has proof it is a Pump and Dump.
1. SRGE Gagged the TA
2. SRGE went dark 2 years ago.
3. SRGE hasn't filed any audited financials since 2007.
4. While dark and with a gagged TA SRGE increased A/S by 50% (500,000,000 shares) for a MASS DILUTION.
If it walks like a duck, and quacks like a duck - it must be SRGE doing a PnD.
The facts are all there - if you chose to bury your head in the sand that is your option but it is a Pump and Dump.
IG
No, I talked to Tatiana today and she confirmed the Southridge has no mining concessions in Mexico.
She said I-Glow I have been out of work for the last 3 months with a bad back and haven't spoken to anyone about Cinco Minas.
Then and this is kind of interesting, she said Oh My I-Glow you sound so sexy why don't you come down and I will buy you a margarita and we will talk about underground mining.
See how easy it is to fabricate a tall tale when the information can't be verified - when saying "I Talked to..... on the Phone" it is useless information.
IG
How is this working out today???
What happened to the HUGE NEWS today - MoMo told someone there was incredible news coming today.
Did I miss it? Is the creative writing team still working on the press release?
IG
But they sure as heck don't issue a press release saying they have signed a Confidentiality Agreement but can't talk about the buyout/JV.
IG
WOW!!! The Investment Community has spoken again!!!
Instead of trying to gain investor trust by issuing a tiny dividend - which is much more like a ponzi scheme than good sound business practices. SRGE should do the following.
1. Just ungag the TA so everyone can see the true share structure.
2. Post the Bio of Michael Davies and include his work and education history.
3. Put a live feed from Cinco Minas with 3 or 4 cameras so everyone can see what work is being done and this will take care of all of the mining concession issues. The technology to do this is extremely easy today.
I don't believe that SRGE can do this because they are a press release company not a mining company. But, since everything they do is shrouded in mystery the above would be a huge step in validating themselves as a real company.
IG