If you have something intelligent to say, people will listen, if you are here to spread your BS you will be ignored.
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I posted earlier about that, right now the CA regional office estimates it takes 2-5 yrs to get through the whole process from start to finish, research it yourself and don't listen to me. The government is also in the process of consolidating all of the operations and moving them all to Washington DC. I know, to blame it on government bureaucracy may sound like a copout but we don't know what the delay is and to try and speculate is just that, speculation. Until it is denied or cancelled or it doesn't happen after 5 yrs then I will assume it is not coming. I do appreciate your negative view on things as you go through all of the PR's and bring to light the downsides, I am new to all this stuff and although I am somewhat intelligent, I have alot to learn when it comes to reading filings. It is like reading a real estate commentary on property and how they have to make something sound better then it really is.
Gem, I am not really worried, I do communicate with Perry and respect what he says and any communication is between him and I, I don't always post when we have communicated and Perry would never tell me anything that he would not put out in a PR. I trust him and have faith in how he is doing business. A previous post made a comment that they feel this stock will eventually get to 2 digits left of the decimal, that might be a stretch but honestly if it ever did me and my family and future generations in my family would be well off.
27% dilution in almost 2 yrs and convertable debt delayed until 2014 and several projects getting started or expanded and winter coming in that may delay some of the projects until spring!!!! I should probably get out and put my money in my credit union savings account so I can get a fantastic rate at .5%. In my opinion, the upside is far better then being concerned with such a small float and the potential for great revenues. If we are still hovering around a nickle or less by the end of summer then I might start to think about selling and finding something else. I have faith in Perry and NBRI.
Actually. I think the one you are referring to that claims to have revenue is most likely a scam with made up numbers and no verifiable information. I am in one of those stocks and would put more faith in GYST then SRG*
No they haven't.
Rich, you can say that all day long and back it up with all kinds of facts but too many people here believe it and will continue to believe it because they want to believe that it is NITE that is causing this thing to be held down and not that this stock has nothing to offer except some flipping. How many times in the last few months have people said that NITE is gonna fry on Monday, seems every Monday NITE is gonna fry but yet NITE seems to stick around. Too many people are watching this with rose colored glasses with grandiose ideas of being rich. JMHO
What about the new Law Firm,,,maybe they can help us with parking tickets or something, Nothing about that law firm says they know anything about SEC laws.
Page 51 of the report, look at the conversions, none of the numbers add up right, someone doesn't know how to add right.
One of my other mining stocks just secured a loan with Magna group. They didn't release the terms so not sure how good they are.
I wondered why I never heard from Nate. I sent an email to him Monday and he usually responds back within a day or two. He must have known they were getting ready to file. At least something is happening. Probably wont see much more til after the new year.
We are golden, all of us would love to see some great production numbers and things are going slower then we would like but it is coming. Perry has accomplished some amazing things this year and gotten further then most people would have with what he has to work with. I think getting the financing extended for 2 years is an amazing accomplishment, keeps from any kind of dilution. I researched the EB-5 program in CA the other night and there IS a backlog right now and it is taking 2-3 yrs to get it through from start to finish so we don't know where that stands and any speculation about the future of the EB-5 financing is futile. I have a large portion of my portfolio invested in this and I believe in this. This is a long term investment, not a stock to flip and make short term money. In my opinion, with winter coming in, we may not see some good numbers come in til spring, and I am fine with that. When there is substantial news, Perry will let us know, I hate a stock that puts out fluff PR'S all the time and really doesn't say much. If you are frustrated with this stock then sell it and go someplace else. Of course, all this is my opinion. Go NBRI, we are GOLDEN......
Good job Bruce. We know what we have and trust in Perry. We are Golden. NBRI.
I'm in another mining stock and they stated the same numbers for that. We already know what the Ruby has so I agree with Perry that it is an unnecessary expense.
I agree with you Gem. This will fly in the spring when Ruby and Fraser are in full production.
Hope they got there stuff loaded and shipped. There's a strike going on at the docks in LA. For those that don't know, long beach is the LA docks. One in the same.
NBRI. It will go when we show some gold.
Would love to see it. Why are you thinking that or do you know something?
I need $5.00 a share in 5 yrs so I can retire. I'm in no hurry. Let Perry do his thing.
So now we have another rumor about who is gonna get involved with SRGE. What this now, the 3rd or 4rth one in the last few weeks?
Cyber. I tend to believe you and agree that it doesn't matter if there is mining going on there as long as SRGE owns it. That being the case, they need to explain the revenue they are claiming to generate from there or be honest and say we own it but are not mining it and that is why we are looking at a JV deal.
Did you also notice on the filing that there office is now in Dallas, CA.
I-glow, take a look at the documents you posted, it shows that several people own Cinco, those same people are also listed on the board of directors for SRGE per new release dated Sept. 27, 2012. Are those people part of the scam, are they ok with being listed as being on the board of a scam company yet the documents you provided show them as owners of Cinco. You can't have it both ways, if these guys own Cinco and are on the board for Southridge then explain that. Oh that's right, you can't
Sounds good. I understand gold recovery. How do they process the other PM's and at what cost to be worthwhile?
I banked a lot more then that and am holding on the slim chance it moves up more. Free shares are fun to play with.
Banked my profits yesterday and have a mil of free shares to play with. This thing is dead. The scam is up.
So the way I read this it means we don't have to pay anything or convert anything for an additional 24 months. The first one would come due the end of 2013. If that is right then that gets us to spring and possible start of ruby and a full year of Fraser mine. Perry is good. Correct me if I'm wrong.
Kiwi, very well said. This is a long term play and may take some time to get moving but I think once it does it will surprise some people. I add more each time it dips like this and I think it may be spring when Ruby gets going it should move good. Go NBRI
I took my profits today so the rest of my shares are all free shares.
Sold off shares of another stock today at the close so at theses prices I'm picking up more tomorrow. Get them while they're on sale.
You got that right. Good to see you back.
Not sure how to post a link here so all I could do was copy and paste this from the following project list from Mexico website address SGM.GOB.MX and it shows both Bandera and Southridge on the Cinco Minas mine. Bandera as an exploration and Southridge in production.
No. PROYECT MINERALS STAGE LOCATION COMPANY COUNTRY
93 Carlos Mn, Cu, Au, Ag Exploration Sinaloa Australian Minerals Group Australia
819 Carol Cu, Zn, Au, Ag Exploration Sonora Yale Resources Ltd / Frontera Copper Corp Canada / Canada
638 Carrizal Cu, Pb, Zn, Ag Exploration Sinaloa Riverside Resources Inc Canada
409 Cascaronal Fe Production Jalisco Jaguar Mining Enterprises Inc USA
706 Casita Colorada Au Exploration Sonora Soltera Mining Corp Canada
273 Catanava (Dto. Pinos) Au Exploration Zacatecas Excalibur Resources Ltd Canada
467 Catrina Au, Ag Exploration Durango Mexigold Corp / Riverside Resources Inc Canada / Canada
138 Causas Au Exploration Durango Bold Ventures Inc Canada
688 Centauro Au, Ag Exploration Chihuahua Silver Spruce Resources Inc Canada
746 Centenario Au, Ag, Pb, Zn Exploration Sinaloa Tara Minerals Corp Subsidiary Of Tara Gold USA
370 Cerro Azul Cu, Ag Exploration Guerrero Guerrero Exploration Inc / Riverside Resources Inc Canada / Canada
404 Cerro Chato Cu Exploration Sonora Invecture Group, Sa De Cv / Frontera Copper Corp Mexico / Canada
15 Cerro Colorado Au Exploration Oaxaca Almaden Minerals Ltd Canada
360 Cerro Colorado Au Production Sonora Goldgroup Mining Inc Canada
437 Cerro de Oro Au, Ag Exploration Zacatecas Macmillan Gold Corp Canada
729 Cerro Dolores Ag, Pb, Zn Exploration Puebla Starcore International Mines Ltd / Goldcorp Inc Canada / Canada
240 Cerro Gordo Ag, Pb, Zn, Au Exploration Zacatecas Dia Bras Exploration Inc / Ammex Gold Mining Corp Canada
262 Cerro Jumil Au, Ag, Cu Exploration Morelos Esperanza Silver Corp Canada
725 Cerro Las Minitas Ag, Pb, Zn Exploration Durango Southern Silver Exploration Corp Canada
377 Cerro Negro Au Suspension Sonora High Desert Gold Corporation Canada
539 Cerro Prieto Group Au, Ag, Pb, Zn Development Sonora Oroco Resource Corp Canada
487 Cerro San Pedro Ag, Au Production San Luis Potosi New Gold Inc Canada
618 Cerro Sapuchi Au Suspension Sonora Red Tiger Mining Inc Canada
679 Cerros Las Minitas Au, Ag, Pb, Zn, Cu Production Durango Silver Dragon Resources Inc Canada / China
517 Chalchihuites Ag, Pb, Zn Exploration Zacatecas Oremex Silver Inc Canada
350 Chamizal Pb, Zn, Ag Exploration Chihuahua Golden Goliath Resources Ltd / Comstock Capital Corp Canada
371 Chapalota Cu Exploration Sinaloa Guerrero Exploration Inc / Riverside Resources Inc Canada / Canada
805 Charay Au, Ag Exploration Sinaloa Westridge Resources Inc Canada
98 Charcas West Pb, Zn, Ag, Cu, Au Exploration San Luis Potosi Aztec Metals Corp 50% / Parallel Resources Ltd 50% Canada / Canada
708 Chinipas Au Exploration Chihuahua Soltoro Ltd Canada
48 Chivas Au, Ag Exploration Sonora Amex Exploration Ltd / Bowmore Exploration Ltd. Canada
550 Cieneguita Au, Ag Production Chihuahua Pan American Goldfields Ltd 80% Minera Río Tinto USA / Mexico
535 Cimarron Au Exploration Sinaloa Oro Mining Ltd / Mazorro Resources Inc Canada
444 Cinco de Mayo-Don Jose Au, Ag, Pb, Zn, Cu, Mo Exploration Chihuahua Mag Silver Corp Canada
121 Cinco Minas & Gran Cabrera Au, Ag Exploration Jalisco Bandera Gold Ltd Canada
722 Cinco Minas & Gran Cabrera Au, Ag Production Jalisco Southridge Minerals USA
694 Claudia Au, Ag Suspension Durango Silver Wheaton Corp Canada
639 Clemente Ag, Au Exploration Sonora Riverside Resources Inc Canada
369 Coatepec Au, Ag Exploration Guerrero Guerrero Exploration Inc Canada
456 Cobre Lomas Au Exploration Sinaloa Mcewen Mining Inc USA
1 2 3 4 5 6 7 8 9 10 ...
Read the pr's and filings. It is all in there. They sold them.
So what does this mean. They don't know how to file financials?
There are some on here that see this stock through rose colored glasses, there are also some that feel strongly that this is a scam. I bought the hype and bought some shares in this stock a couple of months ago. I have been researching it ever since and have yet been able to verify anything outside of what has been posted here on the forum. I have sent several emails to Southridge concerning ANY verifiable information on the Board of Directors. I have yet to recieve a response from the company. There will be some that will say they always get information back from the company, can you believe it, not sure, there was someone that posted they received there divi check, can you believe that one? Here is my take on the whole thing. The company won't respond to my emails, The rumor of a buyout/jv talks will take up to 4 weeks, in the mean time the T/A is gagged and during the last week there has been alot more sales then buys and the price is going down. I think what is going on is that all the PR's are being put out to delay the fact that they are selling us out and dumping this stock while everyone waits for a buyout that will never happen. The use of the words by some about SMART investors or INTELLEGENT investors has taken a new meaning in this stock. Throw away the rose colored glasses and look at what is really going on here....
We are good, nothing to worry with when it comes to Perry. He has a very strong background concerning the internet in his previous positions and is being approached by those that understand his smarts. His priority is NBRI and will not let us down. In his spare time he will assist those that are interested in his knowledge. We are good and we are GOLDEN.
I have contacted him, will post what his response is....
If Perry can only do half of what he talked about in the interview I can see this at $5.00 a share in a couple yrs. If Fraser alone does what they estimate alone I calculated a share price of almost $2.00 a share.
That can't be correct. I own more then that.
If you listen to the interview it sounds like Perry has a great business plan and is moving forward. With a PPS at a nickel this could be a life changer in a few yrs.
Why is it in penny land the PPS always seems to drop on news. Doesn't make sense. Am I missing something?