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That's because it just happened if you Look below. It states in the wake recent news. (Regarding KGC's denial of anything to do with SRGE)
The good news for investors is that in the wake of the recent news, several parties have already contacted Southridge regarding potential partnerships for Cinco Minas and Gran Cabrera.”
Or they suspended it to protect Srge's investors. Something Like this could drive the pps down in a penny stock such as Srge don't You think. At least here everything gets sorted out without Srge's investors losing more money potentially
A 10 billion dollar company that lost 3 billion in 3 years, Has 1 Lawsuit and another one forming if they don't watch it. O yeah and their share price went from 19 to 9 dollars in the same amount of time it took them to lose 3 billion dollars. They look pretty out of control to me.
You Know it Castell. This Is just slowing down the inevitable!!! SRGE WILL SOAR!!!
LOL Lies Lies Lies, Nothing but Lies seem to come from Kinross. Put a fork in em, Their Done!!! lol HOw does the price of Gold go up dramatically from 2010 to now and their share price(KGC) drops from 19 to 9 LMAO!!! Oh Yeah not to mention the Law Suits LOl They're Not Good for business apparently!! Hilarious, Only a matter of time. I know SRGE Has Proof. SRGE will Prevail. This is just the Beginning IMO/Gut Feeling!!! 2013 Great things to Come for This Baby!!!
HAS SRGE FAILED ITS SHAREHOLDERS YET??! I THINK NOT!!! Keep Your eyes on the Prize!!!
SRGE NEWS TODAY HERE: http://www.southridgeminerals.com/newsdec28.htm
Southridge Issues Clarification of Kinross Agreements
DALLAS, Dec. 28, 2012 -- Southridge Enterprises Inc. (SRGE) ("Southridge" or the "Company") is would like to clarify that the Company does have signed agreements with KGEM (Kinross Gold Exploration Mexico) regarding Cinco Minas & Gran Cabrera, and that any and all quotes attributed in our December 26, 2012, news release to Mr. Martin Moscosa, Exploration Manager for Kinross Gold, are indeed accurate and documented.
“While we are very disappointed that Kinross seems to be hedging their position, Southridge can verify any and all agreements and attributed quotations from the Dec. 26th news. “, said Michael Davies the President & CEO of Southridge Enterprises. The good news for investors is that in the wake of the recent news, several parties have already contacted Southridge regarding potential partnerships for Cinco Minas and Gran Cabrera.”
“We can only speculate as to the motives of Kinross, but it may be related to the fact that they do not want competitors or the market to know of their strategic positioning in Jalisco, Mexico. Perhaps they are looking to secure their position in the region, and do not want to invite a rush of competitors.”
The Company would also like to express that documentation regarding the engagement with Kinross was on file with the SEC prior to the December 26, 2012, news release. Southridge will be consulting with its legal counsel to pursue this matter through litigation and seek any damages incurred.
Yeah Buddy!! SRGE FOREVER
AWESOME, They're On a roll!!
Haha, Yep. Their bad!!! As If SRGE doesn't have the Documents. Like SRGE would come this far just to get bullied out of Their Mines. SRGE didn't just Luck Up and fall in the Position they are In. I assume this will all blow over in SRGE and SRGE shareholders favor very soon.
Lol They Are!! We have the Documents HAHA SRGE FOREVER!!
SRGE,
Yep
SRGE =Nice!
go for it
Nice!!! Solid Point EW
Lol Paid off a site. Sure If that helps You sleep better. LMAO
& they Say SRGE owns nothing when Mexican Mining Center says otherwise??? Foolishness. One thing is for sure, I doubt Mr. Davies is going to just take all this slander about his company... I'm thinking big things are on the way for us SRGE LONGS
http://mexicominingcenter.com/explorationcompanydetalle.php?company=Southridge%20Minerals%20Inc.
when did they say that?
Doesn't Mean it CAN'T Happen. Isn't that what Magna Corp is there for?
And You believe so Why?
I believe the Tier change for OTCBB is Complete, Plenty of time if You ask me.
No I look at it as it is. A legitimate company that is doing everything it says it will do as it has the past few months.
Um I doubt Sec allows that to happen
So after the second dividend is issued tomorrow. What is the reply going to be from where they got the money from?? Any takers??
NO, SRGE issues out quarterly Dividends.
Opinions are like You know what, everyone has one, but not everyone has shares of a sub penny stock that issues out Dividends! Lol You can bet on that. SRGE Forever
scams don't pay divi's GUy
Lol Yes Indeed, and when the Credits roll Srge will already have victory!! IMO
SRGE .20 Cash Dividend & NYSE Buyout News Update…
http://ih.advfn.com/p.php?pid=nmona&article=55129091
http://finance.yahoo.com/news/southridge-updates-shareholders-possible-nyse-133000655.html
Southridge Updates Shareholders on Possible NYSE Mining Takeover, Joint Partnership and Releases Positive events at its "El Horconcito" Gold Property
DALLAS, Nov. 21, 2012 /PRNewswire/ -- Southridge Minerals, Inc. (SRGE) ("Southridge" or the "Company") is pleased to announce a shareholder update and releases positive events at its "El Horconcito" Gold property, in the state of Durango, Mexico. Due to numerous shareholder inquiries following the recent announcement, "Southridge Evaluates Strategic Alternatives for Cinco Minas Property and Reports Advanced Discussions with Major NYSE Listed Metal Producers concerning Cinco Minas", the Company would like to update its shareholders.
The Company and its advisers are currently evaluating alternatives and are in advanced discussions with two major NYSE listed metal producers regarding their Jalisco mineral concessions and properties. One of the firms has already signed preliminary documents for the full acquisition of the Cinco Minas property. Southridge would like to give its shareholders an indication of how the funds will be used in the event a full sale is affected for its Cinco Minas Property. The company would like to state that shareholders will definitely participate in a direct, immediate, tangible benefit of such sale (i.e. special cash dividend for 20% of the proceeds from the sale of the Cinco Minas Property or a flat 20 cents per share special one-time dividend). Southridge and its Board of Directors can only state at this time that the amount being discussed is in the range of $550,000,000 and $600,000,000 for its Cinco Minas Property. Due to certain reasons the company cannot fully disclose exact details at this time. However the company felt it was very important to release some details to explain what's in it for shareholders and what the company and its Board of Directors are discussing as this time.
Hmm Why So many Reads??????!!!!
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Srge is GOlden Thats Why!!!!!! AHAHAHAHA GO SRGE!!!
Haha, SRGE is Just Beginning.
Its better to get our Big Divy nxt yr anyways so we won't have to file taxes until 2014
I have more post for some reason cool. I entered at .0044, sooo I'm good. SRGE FOREVER
Last Post of the Day[url]SRGE IS AND WILL FOREVER BE GOLDEN AND VERY PROFITABLE BIG NEWS ON THE WAY IN MY OPINION. WHY HAVE WE HAD OVER 700K POST READS IN THE PAST COUPLE OF DAYS ALONG WITH THE MEGAN VOLUME AND THE HUGE SPIKE OF PEOPLE CONTINUOUSLY POSTING SPECULATIONS IN THE NEGATIVE LIGHT ON SRGE CONSISTENTLY??? A LOT OF FOLKS ARE SCARED HERE. BUY ON FEAR AND SELL IN GREED. GOOD NIGHT ALL SRGE LONGS! I'M EXCITED TO SEE WHAT TOMORROW BRINGS
[bSRGE,
]Thank You Mr.Demas. Right is Right!!
Me too. P2P Me Too
The statements regarding the value and status of the joint partnership are, to the best of Kinross' knowledge, without any basis in fact. The statement attributed to the Kinross employee in the Southridge news release was incorrectly attributed to him.
Yes Mistake/Misunderstanding
So what made SRGE Randomly Choose KGC to announce they have a partnership with for no reason, after coming through time after time following through their Pr in a quick manner. Ok if if something got misconstrued then thats what happened but SRGE has no reasons to damage their name and Company to everyone it has ties with. If it was a mistake then thats what it was but like I said the Smoke has not cleared and answers have to be answered. Srge won't do anything to damage their name. No Worries. Like I said. Who needs KGC?? Not SRGE I can assure You.
I doubt its false lol all of the info isn't out yet for some odd reason, but it will be very shortly
duh, I've done my DD way before you arrived here Sir lol You have No clue about the amount of naked shorts that have taken place or the shorting and minulpation that is going on. Just keep typing what you think You know with no DD and I will let You feel like You've done DD on SRGE. Later man.
what other sub penny stock do you know that is issuing out dividends??? ... ??? lol