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I'am all at 0.0014, GLTA
Val13
does not matter, holding 1% of o/s, this is awesome!!! Anyone would admit that we are holding wealth in real time- six mining at the same time!!!!!!!!!!!!!!!!!!!!!!!
so pleased to be here.
val13
gonna be so hard to admit failurs:
Southridge Share Capitalization (as of 10/19/12)
Issued and Outstanding 545,874,868
Public Float 215,957,230
Restricted Shares 329,917,638
Exchange Pink Sheets/OTC MARKETS
Symbol SRGE
Common guys!, its all about cycles. Now is the market crash comming and all of the sudden many of penny stock went up? short covering and short profit. Look at most penny land stocks - many of them - up? why? couse u gotta to able to make a profit from it. Anyway my most bet is GLCC with net profit of 10 million in 2013, get it?
GLTU!!!!
Val13
its OK, we have 6 mines and one of them CiNCO is like you said, gladly never sold any shares!!! We will get very strong this year!!!
val13
May be this volume has to do this PCSO? by the way how many o/s it has?
whats going on? why so much volume!!!
bought some real silver today in Russia, cost $24.5 per ounce!!!
I went back to my mother land in Russia recently. What I've discovered? nothing new from USA. No silver available in Russian Banks- Sberbank!!!, common man give me something, I just went into and banks respond -gotta wait 1 week if any silver is left. I dont see any left. to compare silver price coin in Russia to USA- In Russia $3- 1 gramm of silver!!! Do your math - trying to get some if i'm lucky!!!
GLTY!!!!!
Southridge Enterprises Inc.
OTN: SRGE
GO
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Market closed
--Quotes are delayed by 20 min
Jan 22, 2014 3:47 p.m.
$
0.00
+0.00 +100.00%
Volume 3.14m
11a
1p
3p
5p
Previous close
$ 0.0002
Day low
Day high
$0.0002
$0.0004
52 week low
52 week high
$0.0001
$0.0090
Company Description
Southridge Enterprises, Inc. is a mineral exploration company, which acquires and develops mineral resources in geologically permissible and politically stable areas. It seeks out early stage opportunities with good mineralization indicators that exhibit significant blue-sky potential. The company i...
Valuation
P/E Ratio (without extraordinary items)
0.55
Price to Sales Ratio
0.16
Price to Book Ratio
0.03
Price to Cash Flow Ratio
0.25
Enterprise Value to EBITDA
5.92
Enterprise Value to Sales
3.57
Total Debt to Enterprise Value
1.23
Efficiency
Liquidity
Current Ratio
2.60
Quick Ratio
2.60
Cash Ratio
2.60
Profitability
Gross Margin
82.29
Operating Margin
53.59
Pretax Margin
29.20
Net Margin
29.20
Capital Structure
Total Debt to Total Equity
87.26
Total Debt to Total Capital
46.60
Total Debt to Total Assets
46.40
Long-Term Debt to Equity
80.68
Long-Term Debt to Total Capital
43.08
Officers and Executives
Name Age Officer Since Title
Mr. Michael Davies - - President, Chief Executive Officer & Director
Mr. Derald Johnston - - CFO, Secretary, Treasurer & Director
Mr. Alejandro de Leon Garcia - - Director
Mr. Alfonso Sanchez Navarro - - Director
Mr. Salvador Martinez Moreno - - Director
JPMorgan long on gold, others is different story- who is going to win if comex belong to GPM and US TEA PARTY. I,VE NEVER SEEN SO NEGATIVITY SINCE 2008 ABOUT GOLD!! BUT THIS CASE IS DIFFERENT!!! THERE IS THE MONEY COMMING FROM. YOU BET.
silver price will go up to $150 in couple years, I would not sell my 1% stake of SRGE. if it turns out to be a good commpany I'm a rich man!!! Have a huge bet on it. I see a lot of attention here - quite interesting.
val 13
Wow. look at this, for some time I'm a millioner!!
still no one is selling? how come, why, just wondering? still have my 1% of wealth!!!!!!!!!!!!!!
val13
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Las Vegas, NV -- (SBWIRE) -- 07/08/2013 -- Southridge Enterprises Inc (OTCMKTS:SRGE) recently released its financial report for the second quarter ending Aug 30, 2012. According to the statement released the company gained operating profit of $1,668,000 and the company’s net profit amounts up to $1,420,000 which surpass all its previous gains.
Southridge Enterprises Inc spent $517,000 on selling general and administrative expenses, and the company’s interest expense amounted to $224,000.
Southridge Enterprises Inc deals in the acquisition, exploration, and development of gold and silver mines in Mexico. It acquires 100% interest in the Cinco Minas property covering approximately 10,750 hectares. The company was founded in 2004 and is based in Dallas, Texas.
To know what AwesomePennyStocker projects Southridge Enterprises Inc for both long term and short term, please click here: SRGE
It does not matter what the price is, the matter is how much shares longs and insiders have. its all about silver and gold_-all mining companies are down so far so is SRGE. But as soon as people wake up in September 2013 and next trillion USA debt would be on deal I and others would see much upside in PPS as silver vs real US inflation would skyrocket to big size in no time. So, I;m not in rash here- don't care what working people have to say, for me -the real value is silver that SRGE has plenty enough!!!!!
Val13
Me too guys 1% of wealth, just so quiet around here but I have all time to wait even when prices of silver would be $140 as to compare to real US inflation!!! GLTA
val13
supplyers keep rising with silver high cost?- probably you kidding yourself, I know you work to be here but people don;t blind!!!!!
I've mentioned couple days ago that it could burst out in any minutes (look at MACD) it went up like crazy!!!! Possibility strong uptrend in near term!!! GLTA
val13
This one is about to explode in any minutes!!!! Look at the chart, the MACD so close to get shorts pink shoes off!!!!!!!!!
in two weeks we are at 0.002 and more. if positive new would come in 2 weeks we are up to 0.05-0.1 per share. Just wondering noone wants to point out about charts. The MACD is getting high but the price is still down- pure market manipulation. Just want to see something new here!!!
Val13
Look at the chart!!! Before it went down to 0.0004 the MACD was showing upside trend but the price was holding down somehow, we still at the same situation here where the price is down but the MACD is uptrending!!!!!! Anyone can see that? We are sitting on 50-100 baggers in next 2-3 months!!
Val13
I've got nothing to lose only my early retirement. still young would be wonderfull to get real money in my account!!!
The MACD is getting up since 26 of January, coincidence?
Only one question, where gazillion shares being damped on longs? So far could not see more than 5 million shares traded per day!!!
Val13
questrade got back my dividends, now put me in margin call, so if I don;t pay it has a right to sell whatever price? so angry about this situation!!!
I doesn't matter how low it might be going, cause the company being bought and the longs just waiting for the update!!!!! So, even 0.0001 does not bother me.
val13
OK, GUYS THIS ONE IS GETTING RIDICULOUS, i CAN'T GET EVEN AT 0.002- MAY BE i NEED TO PUT AN ORDER AT 0.003!!!
VAL13
I;ve put an order to buy some shares at 0.0017 2 hours ago- still can't be filled?
val13
when everyone is selling long must buy even more, good time for us!!!
val13
I assume that all 215 million were shorted from brokerage accounts because they know it would never ever go back from greys!! But this one would be a different story!!!, good luck all longs- we on the way to go up for sure!!!!!!!!!!!!!!!!
VAL13
Scare tactics won't work in 2 weeks, due to major PR and Audited Statements!!! GLTA longs!!!
Val13
Who knows in this crazy world something is still ----------!!!!!
I got mine only today, don't know what happend there but may be some problems?
I have not received it yet- Questrade!!!
Why Obama's Victory Means Higher Gold Prices
November 13, 2012
By William Patalon III, Executive Editor, Money Morning
Our recent story on the secret return to the gold standard drew an interesting response from Money Morning reader John B., which I've paraphrased below.
In response to the article, John wrote:
"All this talk about buying gold. Where is the gold going to come from? No one seems to be selling. And what about all the scamming that's going on in the gold market these days?"
Here's the thing: John essentially agrees with the case we made for gold - he just doesn't realize it.
And with President Barack Obama's successful re-election, the case for higher gold prices got even stronger - overnight.
Let me give you seven reasons that gold prices are destined to head much higher in the next several years. Let's call it the Obama "baker's half-dozen" case for gold:
The Central Banker Effect: Official statistics, which some observers dispute (I'll get to that in a minute), say that the world's central banks have become net buyers of gold for the first time in nearly a quarter century. If that's the case, that's clearly bullish for gold. At the very least, we're not going to see any big selling.
The Central Banker Effect (Part Deux): Although we referred to the "Secret Gold Standard" to underscore the point that central banks were returning to the gold market, we made clear this wasn't a literal return to a Bretton Woods-style "gold standard." There's not enough gold in the world to support such a move - which is why Capital Economics Chief Economist Julian Jessop recently estimated that a return to the gold standard would cause the price of the yellow metal to spike to $10,000 an ounce. There's an important lesson here: If central banks are hoarding gold, prices can't help but go higher - gold standard or not.
The Gold Conspiracy: As the comment by John B. underscores, there's a growing concern about just how much gold the world's central banks actually own. For instance, the U.S. Federal Reserve and some of its counterparts do reveal the specific amount of gold held in their inventories. What they don't tell you, however, is who owns the gold that they're holding. Countries like Germany keep big portions of their gold-bullion holdings with the Fed and with the Bank of England (BOE). Those aren't the only issues about the difficulty in separating "ownership" from "possession." Nevertheless, think of it this way: If gold holdings actually are lower than reported, it points to only one thing - scarcity. And scarcity equals higher gold prices.
The Euro Trashed Financial Markets: MoneyWeek reports the German Bundesbank last month reached a compromise deal with the German Audit Court (a civil body that makes budgetary recommendations) for an audit of Germany's gold reserves, which are apportioned almost entirely between Paris, London, Frankfurt and New York. Some pundits are saying this is a sign that Germany is giving credence to the gold conspiracy theories. But MoneyWeek columnist Matthew Partridge sees it as a sign that Germany expects the euro to plunge. The catalyst for that free-fall will be a still-secret "quantitative-easing" initiative that's actually a fourth-down/Hail Mary lob that officials pray will avert a Eurozone collapse. A massive money-printing of that type would cause the euro to plunge - and gold to rise in an offsetting manner, Partridge contends.
The Easy-Money Crowd Parties On: Fed policymakers have said they expect to keep short-term U.S. interest rates down near zero until mid-2015 (unless the economy strengthens considerably before then). President Obama's re-election means this will continue as planned. He's appointed five of the six board members other than Chairman Ben S. Bernanke (who Obama also re-appointed). As we've explained, whenever you have ultra-cheap money available, it flows somewhere and usually does major damage somewhere in the world. It also ignites inflation of some sort. This time around (as Permanent Wealth Investor Editor Martin Hutchinson explained to Private Briefing readers back on Aug. 21), the inflation initially showed up in the U.S. stock market - igniting a rally that sent stock prices up to near-record levels ... in the face of the worst financial crisis since the Great Depression. Once "asset inflation" of that sort infects your economy, Martin says "the transition from asset inflation to consumer inflation typically happens very quickly."
The Not-So-Safe "Safe Haven:" Gold bullion initially soared 1% in a celebration of the Obama victory. The next day gold prices then reversed course and sold off. Analysts claimed it was due to fiscal-cliff worries. But the European Commission disappointed the markets by announcing that Eurozone growth would remain non-existent in the New Year (with high unemployment), and wouldn't resume until 2014. The euro plunged as investors abandoned it for the "safe-haven" U.S. dollar. The dollar rallied, causing gold to fall. That "safe-haven" view of the U.S. greenback isn't going to last much longer.
The Obama Effect: Several months back, Money Map Press Chief Investment Strategist Keith Fitz-Gerald predicted that gold was in for a near-term reversal. And he was right. With Obama's re-election, that "yellow metal" correction could continue - but only in the near-term. As Keith explains it, traders have used gold to collateralize other investments, and will have to sell some to raise cash. That will put additional downward pressure on gold in the days and perhaps weeks to come. Consider that a "buying opportunity," Keith says: "President Obama's first-term policies created a lot of damage and his second term is likely to reinforce the need to preserve value even more. That puts gold in a league by itself."
Here's What to Do as Gold Prices Go Higher
There are lots of ways to play, profit from or own gold, but we like two in particular.
The first is the actual gold miners themselves - especially the so-called "junior miners" favored by Real Asset Returns Editor Peter Krauth.
Junior miners are typically younger companies - and are often still in the "exploration" phase of development. If their mines hit big, investors, too, hit big. And there's a second way to score: A lot of these smaller players become takeover candidates - usually at big premiums.
Mining stocks have badly lagged the resurgence that gold prices enjoyed earlier this year, which is precisely the reason Peter likes them so much.
And the second is physical gold.
Physical gold - bullion, for instance - gives you "hard-asset" protection against rampant inflation. It's tangible, has an "intrinsic value" (unlike paper securities, whose value is derived from an underlying asset), and is a good hedge. It's liquid, you can carry it around, and it can be used as currency in situations where there's a breakdown in the markets, or in the economy.
Either way, the combination of Fed Chairman Bernanke and President Obama is extremely bullish for gold prices from here on out. And you don't need to be a true "gold bug" to make money on it.
Peter has already recommended several top gold plays to my Private Briefing subscribers. One of them has already more than doubled, giving readers their fourth triple-digit gain this year.
If you'd like to join the thousands of investors we've already helped to make big money on gold click here. Believe it or not, you can do it for just 26 cents a day.
10-15 longs actually hold over 100 million shares (215 mill float), how tight it is!!!
Only shorts can be puzzled here!!! I hold 1% of o/s shares and will keep it tight!!!!! Very nice to see all of this scenario here!!! By the way I locked them at $2.7, How you like it?????
VAL13, good luck shorts or whatever!!!
why all this atention on shorts? I see this one to hold down by MM's in porpose due to major brake out in near future. The company has proven reserves and the most part-$$$ cash (which is a KING)!!!!. and we are in a production stage with NET PROFIT which would hit in audited statements in near future!!! Also OTCBB AND MANY NEW INVESTORS WOULD BRING THIS TO $3 LEVEL IN NO TIME!!!!!!!!!!!!!!!!!!!!!!!!!!!glta
VAL13
Today is Sunday and I just wondering how many hard days they need to spend to overcome their losses, may be by the end of the next week we should clear -''who is right and - not''. I'm believe in the company and my early retirement!!!. Hold strong, will not sell less than .20. GLTA
VAL13