Hmm, that is interesting. You are saying that SRGE filed the assay report with the Ministry of Economy but doesn't post the results on their website - very odd.

BTW, I haven't seen any drill reports at http://www.economia.gob.mx but that is par for the course - anything that can be verified is not posted anywhere to be found.

When a company’s drill results are presented to the public through news releases, the tables which contain the results from each intercept are presented in the press release. BUT NOT SRGE - actually pretty typical.

SRGE hasn't filed any drill results or assay report with the Mexican government. As usual you can never provide a link - but give out disconnected phone numbers LMAO!!!

IG

If verified and confirmed - post the documents that states SRGE has the mining concessions.

I know never any links for third party verification just press releases and fictional blogs.

IG

Interesting, I missed the uplisting! How about pointing this out as it is very big news. There was NO UPLISTING!!!

Now, the dividend, it was $0.00003 the smallest dividend ever paid - it is just part of the pump and dump to get unsophisticated investors to turn lose of their money. They paid out $15,000 but paid out $50,000 for a paid promotion with WSIN. Sounds like investors got short sheeted.

Why can't they afford to have a audited financial to be uplisted - they haven't filed. SRGE should have spent the dividend to do something productive like file with the SEC. You do know they have to become current to be uplisted and that requires financials from 2008 through present.

I have no idea why you think they were uplisted.

IG

SRGE has two properties - LOLOL!!! Show me the concessions - poor ole SRGE isn't anywhere to be found.

Hey, since you talk to Michael Davies every week ask him where the assay report is and which lab did the analysis. Every other Gold mining company presents facts.

More problems with SRGE Press Releases (Why can't SRGE ever do things the right way???) On Sep 19, 2012 they issued a press release about a Bonanza grade intercept:

As usual with SRGE there is mystery involved.

When a company’s drill results are presented to the public through news releases, the tables which contain the results from each intercept are presented in the press release. There are several pieces of information included: the depth (beneath the surface) at which the intercept was encountered, the thickness (or width) of the layer, and the concentrations of various minerals which are discovered during analysis of the results.

But, SRGE just states they have found the highest grade ore ever found in Mexico (what a joke) and just gives a number (high-grade gold of 268 g/t) which is unacceptable to the sophisticated investor. Where are the assay results - SRGE manages to have a press release every-time they have a imaginary meeting - how about something of substance???

Here are a couple of screenshots from a search of gold mining company press releases about intercepts. You will see a big difference in how a real company does press releases:



Why are the SRGE press releases big on HUGE FANTASTIC news but short on verifiable facts. They had this great intercept but no assay results - just press release numbers.

SRGE is a press release and photoshop company not a mining company.

IG

And always something about shorty and NITE is going to be prosecuted.

IG

Yes, I heard the SRGE creative writing team was hard at work creating another bogus press release to get investors all giddy and losing more money.

Since Southridge Ethanol all that has been issued are press releases that are like the Sierra blog - FICTIONAL LMAO!!!

What a train wreck.

IG

It is odd this is from June 13, 2012 but there is nothing in the mining concession that remotely suggest this is accurate.

Also, you did notice this is from sgm.gob.mx (geological services) and NOT economia.gob.mx (Ministry of Economy) which governs the mining industry.

It is also about the Minerals market - there is nothing in the PDF file about mining that is why the last sentence you refer to is so out of place it doesn't make sense - very odd.

There is not one thing about mining it is talking about market prices (copper, aluminum, zinc, lead, nickel, uranium, oil and natural gas. There isn't even a mention of gold.

I don't have any idea what you posted and how it is germane to SRGE having any mining concessions. But, I know they don't have any at Cinco Minas.

IG

Stervc, could you please explain why in all of the DD you use MexicoMiningCenter.com (MMC) as proof that SRGE has mining concessions in Mexico?

You refer to it as the Mexican Mining Registry, when in fact it is site that is not affiliated with the Mexican government in anyway. One thing immediately it would be a .mx not a .com website if it was from the Mexican government.

It is a paid for inclusion site and it scraped data for its news feeds. Also, do you think a government site would have banner advertising - I don't think so.

I can post many examples where you and the others have used MMC to validate that SRGE is a real company mining in Mexico - but I would like a explanation for why you used this misleading information in your DD.

IG

Just parroting a SRGE press release isn't DD. How about providing some facts, links etc to verify SRGE has mining concessions on Mexico.

The SCCO buyout rumor was started on the Sierra blog (read disclaimer for some DD).

The only place that has reported a buyout or JV is a SRGE press release and they have been less than truthful.

They have a long and sorted history of releasing bogus press releases. Do a little real DD and look at all of the Southridge Ethanol PRs that claim financing, buyouts, huge contracts etc - but they were nonsense that never happened.

If you think a $0.00003 dividend is proof of anything - you will soon find out that it is proof that SRGE is a pump and dump. The $15,000 dividend was about one third of the cost of the paid promotion with Wall Street Investor News.

How about some facts to prove one, that SRGE has any mining concessions and if they do they are worth $9 billion - the value keeps increasing by a billion a week.

I have shown that SRGE is not named on any mining concessions - yes, I posted screenshots of the documents from the Mexican government website - that is pretty official.

IG

Got it will do, but was guaranteed to happen 3 weeks ago. Just more of the same - SRGE is a press release and photoshop company that isn't mining in Mexico and that will be proven soon.

Plus, the PR that was very similar to what got SAEI halted will do the same for SRGE - Alex Smid still dealing press releases. LMAO!!

I have the popcorn ready!

IG

We will see, the results will be posted. But, calling Dallas confirms nothing but the phone hasn't been disconnected yet.

IG

How did calling the Dallas number confirm anything - you mean the person on the other end of the phone said, yes we have the mining concessions???

This doesn't seem to verify anything other than the number is working - actually you don't know who you talked to.

IG

Did you take the time to read this document?

The location is Guanajuato SAN LUIS DE LA PAZ, which is 491KM from Jalisco. Cinco minas are located in GUADALAJARA, JALISCO.

Care to explain?

IG

Why do you reference a press release: http://online.wsj.com/article/PR-CO-20120925-913704.html?mod=crnews to show Bandera Gold is not mining in Cinco Minas. Do you really think this press release validates that SRGE is mining in Mexico.

This press release is obviously done by SRGE promoters - why would MSJ use a gmail account???

Why is Minera San Jorge issuing a press release about the ownership of Cinco Minas when they were purchased by Coro Mining Corp and Fabian Gregorio, President of Minera San Jorge is now part of the Coro management team. Instead of a gmail account that the press releases use it would be: fabian.gregorio@coromining.com or info@coromining.com.

Just more of the typical SRGE subterfuge.

IG

We will see - results will be posted either way. Either SRGE has them or they don't but no matter the promoters will spin it - if I get written and verbal confirmation that SRGE is not mining in Mexico.

IG

Then email her for written confirmation that should be easy for you guys who call her all the time.

Post that email I will be interested in seeing it.

IG

Yeah right, just wait there will be a long line of bag holders. Just look at all the other PnD companies. Plus, there is zero verification on anything associated with SRGE.

How about just one fact about SRGE that can be verified - have Tatiana send you a email stating SRGE has mining concessions. I will be waiting!

IG

My question is still the same, why is Southridge not on the Mexican government website?

On all of the documents concerning Cinco Minas there is no mention of SRGE - but Bandera Gold is on every document.

The press release by MSJ are not from the company they are PRs done by the SRGE promotion team. MSJ using a Gmail account - absurd.

Where is the proof from the Ministry of Economy. If you have spoken to them so may times why haven't you posted a email - that is awfully suspicious.

Tell Tatiana to sen you a email confirming that SRGE has the mining concessions.

Just saying you spoke to someone is not proof - record the conversation and post - something that can be verified.

I have posted documents straight from the Mexican government website showing SRGE has zero mining concessions - all you do is say you have spoken to them. Very odd indeed.

IG

How have you proven anything - you have not provided one link to show SRGE has the mining concessions.

All you have done as with all SRGE arguments is say that it is true without providing one FACT - but you never do.

How about all the times you have used MexicoMiningCenter.com (MMC) to validate the mining concessions - it is NOT a government website.

Everything I stated can be proven and I will post each one individually. Such, as the documents straight from the Mexican government website that has all the mining concessions and SRGE has never appeared on the site - FACT.

I love how the SRGE guys think something is proven just by posting it.

Show me one document from the Mexican Government website that shows SRGE is mining in Mexico.

OK, I live in a one-party consent state for recording phone conversations I will call the Ministry of Economy and ask specifically if Southridge has any mining concessions and post the recording (I will first ask my Attorney if there is any problems associated with doing this) this should put a stop to this nonsense once and for all.

How about just one link to prove SRGE is real and mining.

If you go back and look at all of the Southridge Ethanol press releases you will see that from then until today there is not ONE financing company SRGE has in a press release that exists - so you are saying that over 6 companies providing financing to SRGE has no footprint and has not done financing for anyone else. Show me one other public company that has financing from a shadow company that has no proof they exist. Most financing companies want to be publicized so they can have other opportunities for other deals. This is complete bunk about Financing Quixstone Investments, Inc. and Duvernoi Capital Investments Inc - they don't exist. Since you talk to Michael Davies all the time ask him for a phone number and address for them so the financing can be verified.

JUST ONE LINK TO THE MEXICAN GOVERNMENT TO VERIFY SRGE IS MINING IN MEXICO!!!

IG

The shorting is a myth on all pinkies.

The average investor can't or it is extremely difficult to short a penny stock - the margin requirements are just cost prohibitive. You have to have $2.50 margin per share to short a stock under $2.50.

If you want to short 500,000 shares of a stock at $0.004, you have to have $1,250,000 in your account, and 500,000 shares at $0.004 is only $2000.

The good thing is you won't get a margin call unless it gets over $2.50.

Furthermore, One tactic that many stock promoters use over and over again to explain why their stock promotions are followed by large stock price declines is to blame it on the short sellers. Unfortunately, FINRA abets these lies by publishing without adequate explanation data required by the SEC’s Regulation SHO. This data provides information on every share sold each day. Time and and time again I have seen stock promoters use this data to ‘show’ that the stock they are promoting is getting attacked by short sellers.

So the next time a stock promoter links to the FINRA Reg SHO short data to show that a stock dropped because of short sellers, you will know that they are lying. In fact, many times the large block sellers whose shares are sold in such a way to make them show up as ‘short sales’ in the FINRA data are the stock promoters or the people who pay for the stock promotion. So the promoters are not innocently wrong — they lie through their teeth even though they know better.

IG

No, it doesn't appear to be a auto-response but again I don't know which post you are talking about if it was anything other than a screenshot it could be a innocent typo.

I looked at the email to nodummy and I didn't see a misspelling unless I am missing something. I really don't believe that nodummy would doctor a email - she doesn't seem to be that interested in SRGE and she seems to take DD seriously and it would damage her credibility to not just present facts.

IG

giaiv22, I didn't post the information. I am not certain which post you are talking about - I almost always look at who is posting and see if they have a vested interest in posting false information.

That is why screenshots are better - I misspell all the time when typing too fast.

BTW, I took the time to look at the post by nodummy and it looks like Investor is spelled correctly in the email.

But, unless I had a stroke recently and don't remember my posts I don't think I have posted anything about receiving a email from SCCO.

IG

Hmm, OK I guess they might need you to help SRGE explain this to the SEC.

I just have never heard of a company that is always involved with companies that can't be verified - it is just extremely odd.

One maybe and that is a big maybe but not everyone - going back to Southridge Ethanol - not one financing company can be verified.

How about a few examples of other public companies that have financing from companies that have no proof of existence.

IG

I didn't make that post. Two things if I had done it I would have just made a screenshot and it might be that whoever posted it just made a typo.

I don't know - check the screenshot from nodummy and see if it is misspelled there also.

IG

How about SRGE issuing some information about the fake financing company in your post:

How about one thing from SRGE that can be verified.

Phantom CEO Michael Davies???

Fake Financing Quixstone Investments, Inc. and Duvernoi Capital Investments Inc. why can they only be found in SRGE press releases???

Why can't Southridge be found anywhere on the Mexican Government website???

Why can't SRGE produce the assay results from the drill program??

Why can't they produce any video or photos from the groundbreaking ceremony or the construction of the new Mill???

Why did they gag the TA - Answer = dilution.

Why did they go dark over 2 years ago and haven't filed with the SEC since 2008???

Why did the SCCO buyout rumor start on the Sierra blog shortly after the Goldcorp rumor was proven false???

Why is Bandera on the mining concessions but SRGE is nowhere to be found???

The answer is that Alex Smid is still calling the shots at SRGE - Michael Davies doesn't exist and it is Alex Smid. Same MO as SAEI who has the same list of shady characters behind it. The same big buyout deals SAEI Russian Billionaire, SRGE it is SCCO and both are fake.

OK SRGE guys how about verifying just one thing about SRGE that validates it as being a real company???

The good thing is that this dog won't hunt much longer.

I-Glow

Why don't you provide documentation to show where SRGE owns Cinco Minas?

I know the answer - you can't because Southridge Minerals owns nothing but a copy of Photoshop and a creative writing team.

IG

What do you think my example showed??? You see where this says "PRELIMINARY AGREEMENT"

You can try and spin it anyway you want but if there was any paperwork signed SCCO would have issued a 8-K.

IG

You have to be kidding! He is the one who guaranteed a uplisting and a Goldcorp buyout 3 weeks ago. How is that working out?

He stated that Goldcorp had already looked at SRGE and was going to buy. When that was proven false all of the sudden there was SCCO buying SRGE.

He is the one who produced fake documents for the mining concessions - when I took the numbers from the front of his documents and used them on the Ministry of Economy site it shows Bandera Gold has the concessions.

All he does is predict when a fake press release is coming out. Or when one of the SRGE lies gets exposed he predicts great news and then we have a over the top press release.

You figure it out.

IG

Come on give me a break, you do know you referenced a SRGE press release? So, if SRGE says it in a press release it must be true???

Please post a real source with the Mexican government to verify this claim.

IG

You couldn't be more wrong. According to the SEC you have to file a 8-K if, "If the registrant has entered into a material definitive agreement not made in the ordinary course of business"

When do you consider a $600 million deal where "One of the firms has already signed preliminary documents for the full acquisition of the Cinco Minas property." normal course of business.

Here is a example:

To disprove a theory all you need to do is provide one example where it isn't correct.

I could provide many but the key here is the, "If the registrant has entered into a material definitive agreement not made in the ordinary course of business"

A $600 million deal for a company with minuscule revenue is not normal. Therefore both SRGE and SCCO should have filed.

I will ask the SCCO IR department about the 8-K filing.

IG

I am curious as to how Southern Copper is going to buy SRGE when they have no mining concessions.

It is very odd that Southridge doesn't show up on any Mexican government websites as having any presence in Mexico. It is a very tough sale when you don't own anything!

Take a look at the document from the http://www.sgm.gob.mx (official Mexican Government site for mining).









IG

When you don't have a answer it is always good to have your always faithful fallback of it's all NITE's fault and NITE is going to pay. LMAO!!!

IG

More problems with SRGE Press Releases (Why can't SRGE ever do things the right way???) On Sep 19, 2012 they issued a press release about a Bonanza grade intercept:

As usual with SRGE there is mystery involved.

When a company’s drill results are presented to the public through news releases, the tables which contain the results from each intercept are presented in the press release. There are several pieces of information included: the depth (beneath the surface) at which the intercept was encountered, the thickness (or width) of the layer, and the concentrations of various minerals which are discovered during analysis of the results.

But, SRGE just states they have found the highest grade ore ever found in Mexico (what a joke) and just gives a number (high-grade gold of 268 g/t) which is unacceptable to the sophisticated investor. Where are the assay results - SRGE manages to have a press release every-time they have a imaginary meeting - how about something of substance???

Here are a couple of screenshots from a search of gold mining company press releases about intercepts. You will see a big difference in how a real company does press releases:





Just SRGE being SRGE!!!

IG

Just another SRGE press release. Check out the Mexican Government website and Lo and Behold Southridge is nowhere to be found.

Here you go http://economia.gob.mx/files/comunidad_negocios/informacion_sectorial/mineria/ProyectosMinerosCompaniasCapitalExtranjero-2012.pdf

Check it out Southridge isn't listed but Bandera is listed as mining Cinco Minas.

Actually, Southridge has never been listed as having any mining concessions anywhere. Proof the documents presented on this site are fraudulent.

It is odd that when you check any facts presented here or in press releases falls apart upon inspection. There has been nothing about SRGE that has been verified.

From the Phantom CEO Michael Davies who only appears in a one sentence Linkedin profile page - nowhere else. To the Fake financing companies that are only found on SRGE press releases. Same MO as SAEI and Alex Smid (who is still behind the SRGE deal).

How many RED FLAGS do you need before you realize that SRGE is a complete and total SCAM.

IG

Sorry Dawg, but on WSIN (read the disclaimer - Heck I will post it for you) was paid $50,000 to do a promotion for SRGE. OH NO - I-Glow did it Again!!!

SRGE = Paid Promotion = Pump and Dump.

The SRGE guys think if they post false information enough it will become true - LMAO!!!

Don't bring Kool-Aid to a Adult party.

IG

Just from the first couple of paragraphs there is misleading information:

I didn't see anywhere in the Behre-Dolbear report where they stated Cinco Minas had 235,000 ounces of gold. I know they didn't state this because they didn't do a drilling program to do a reserve study.

That was jsut the first sentence. The SRGE guys think they can write anything and no one will break it apart to find all of the flaws in the argument. But, those days are over.

IG

I have no idea if the numbers are accurate - but you are the one who used StockPromoters.com to justify that SRGE wasn't doing any promotions. I just pointed out that SRGE was listed.

Also, you know that most companies that do promotions use a third party to pay the promoters. They do this for several reasons - one it circumvents the restricted share sale for company executives.

The guys doing the promotion will sell the shares given to them for compensation and funnel the money back to the insiders.

IG

Again, how do you arrive at $5 billion? There isn't anything close to a feasibility study - no one has done a extensive drilling program to verify the reserves. Oh, I see you are using the Press Releases to do your calculations.

Actually, since they are fantasy numbers (SRGE isn't mining in Mexico) you might as well use any numbers you want to use. LOLOL!!!

IG

You might want to re-think this statement:

Here is why, with just a little looking on StockPromoters.com you will find that SRGE has been promoted 18 times. Here is a screenshot of the first page of the results:



Yes, it is on the list.

IG

Terry, I doubt you will rcieve a answer to this problem. It seems the SRGE press release team majored in creative writing and not accounting.

Thanks for dissecting the share structure oversight in the SRGE financial filing.

It will be very interesting to see how the SRGE guys spin this problem.

IG