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SRGE 215M float, that's a fact jack! eom
Way to go! Shorts and NITE hate you! SRGE the one to own now! LMAO. eom
Just read the SRGE news. NYSE partner or buyout of one of the mines, uplisting, 60M revs next year, one dividend paid already and the other paying soon!
Cool! What would happen with 100,000,000 shares wanted to buy at the ask? Or via market orders? :)
Yes! With expected news after holiday as big incentive to own SRGE!
SRGE going up! eom
.0079 ask! SRGE up! eom
It's starting to happen! Big SRGE buying. eom
Buy at the ask! Let's move this baby up! GO SRGE!
100,000,000 shares! Whew. Go SRGE! eom
I'm with ya, but the dividend would depend on what the buyout amount turns out to be (assuming there is one).
Or!JV/Cinco Minas, buyout El Horconcito, and??? GO SRGE!!
Hummm Yamaha Gold looks good! 2.28B revs. Hope is really is the NYSE JV partner!
http://www.yamana.com/
Excellent article rjbluesky! Thanks for posting it. More reinforcement for owing SRGE for the long term.
Gold Price Forecast 2013, Expect Another Record Breaking Year
2013 Gold Price Forecast
Gold began the year at $1,600 an ounce. Should we get average returns in this calendar year as well, gold could finish 2012 around $1,880. At those levels, gold prices would begin 2013 just shy of the all-time high set last year, right around the $1,900 mark.
If we assume an average return again next year, then gold could reach $2,200 or better in 2013. In fact, I believe $2,200 gold is quite likely in 2013.
http://www.marketoracle.co.uk/Article37768.html
Longs! We are in the right place at the right time!
GO SRGE!
Playing Mexico's Golden Potential:
Rising Production Growth
While it's currently known as the world's largest producer of silver, Mexico is on track to be a force in the gold mining sector. The majority of gold mined in the nation comes as a co-product of both silver and copper. That is quickly changing. Mexico's geology is crisscrossed with a valuable network of mineral deposits, and much of the land remains unexplored. However, exploration efforts in the nation have surged in the wake of higher gold prices and demand.
Right now, Mexico is the tenth-largest gold producing country in the world. The LATAM nation produced nearly 86.6 tons of the precious metal in 2011. That's a 307% increase from the 21.3 tons it produced in 2002. However, analysts at Thomson Reuters GFMS estimate that as various new mines and projects get underway, Mexico could see its gold production rise to about 100 tons over the next five years.
http://www.investopedia.com/stock-analysis/2012/playing-mexicos-golden-potential-gg-auy-auq-gldx-aem0517.aspx#axzz2FnIuOuH1
Half day market on 24th.
http://www.insider-monitor.com/market-holidays.html
Sounds like with her question, they are hiring. eom
Makes me want to sing! "Its now or never, this price won't wait"
Great tob! Go SRGE! eom
In a way the presence of the "other opinion" has helped get the word out about SRGE being a tremendous investment!Thanks!
They will put it out when they are ready! IMO eom
Tob..Looks like we have a great chance to hear of the NYSE partner before the new year!!!!!!!!!!!A little birdie told me! :)
SRGE MUST READ INFO!!!
This post originally by StockingUp333 Post 89538!
Here is events that I have been able to decipher according to my DD.
1) SRGE JV deal for CM/GC has been done for a few weeks now, that can lay to rest questions for IF the JV deal is done. IT IS DONE!
2) SRGE has been proclaimed to be a PnD company dilluting. This is false claims, there is a prominent PnD website that warns investors of such companies, many on this board know this website, and SRGE has not been listed anywhere of recent on this website. The CLAIMS that SRGE is a PnD have no MERIT.
3) SRGE paid 1 dividend on record in November, and also just recently announced a 2nd dividend to be paid out on 12/28/2012. These are FACTS. It is already showing on my Scottrade Account, and also I called my broker and confirmed the dividend is showing in Scottrade Database.
4) SRGE Financials being unaudited is true. Audited Financials are costly, at this time the company feels that money can go towards exploration of their current properties.
5) Magna Group scenario at the onset of the PR that SRGE had engaged Magna, I had called Magna personally and asked if indeed Magna was engaged with SRGE, and they did acknowledge that they were *engaged* in talks with SRGE. Later due to overwhelming calls to Magna, SRGE and Magna both updated that situation where SRGE stated that they received a TERM SHEET to fulfill where it would satiate Magna's DD. Also Magna sent me an email stating that *AT THIS TIME* Magna had no *BUSINESS RELATIONSHIP* with SRGE. FWIW, I would rather SRGE *NOT DO BUSINESS WITH MAGNA* but that's JMO.
6) El Horconcito IMO will be BOUGHT OUT by most likely candidate being PPP. *All this is my opinion*
7) MM's and their job in the market. They are there to MAKE the market. Many feel that the MM's instead of MAKING the market, they have been MANIPULATING the market. Not just SRGE alone, but many penny companies Pinksheets, even NASDAQ / NYSE companies have been Manipulated by MM's. This is FACT.
8) UPLISTING for SRGE was planned to be completed by End of 2012. While still possible, I believe this may not happen until first part of 2013. Old law firm closed down and put SRGE in a tight position while delaying the uplist process.
9) SRGE PPS, while it is down from their recent highs of upper .01's it has held strong between .005 and .008. While MM's do have a part in keeping the price where it is currently, MM's also have a bright side to bring the PPS back up in the mid .01's again in the near future.
10) SRGE Concessions- There has been much back and forth on this subject, according to info I've been able to gather, as well as taking SRGE for their word, currently the concessions I believe are with SRGE. If many here do not understand, there is history in this dispute between SRGE, MSJ, and Bandera. While I feel Bandera claims there is nothing going on in CM/GC or anywhere for SRGE, they would not know as they have been kicked out of Mexico. Therefore anything you can research about Cinco Minas points to SRGE.
11) Cinco Minas has been known to be a very lucrative mining destination in a lucrative district in Mexico. Mexico is the 2nd Largest Gold producer in the world and #1 SILVER producer in the world. That speaks volume for anyone doing work there. Also, keep in mind, the conditions for companies are very good in Mexico as the Government has favorable laws for mining companies, and also the cost associated for mining in Mexico is under $400 per ounce of gold. At todays prices of gold near $1700, that is just under 25% cost to extract 1 ounce. Leaving 75% towards profits and expanding etc... This is why many companies are flocking to Mexico due to the LOW COSTS of operation.
12) According to my research that I have done, I feel confident owning shares in SRGE until I see fit to sell and take profits. My DD and research decides my decisions with SRGE not anything that is posted by others here.
Disclaimer: This should not be looked at as advice to buy or sell any securities. Do your own DD and you make your own decisions.
GLTA
Southridge Announces Major Multi-Million Dollar Expansion of Cinco Minas Mill to 500 Ton per Day
From PR:
http://finance.yahoo.com/news/southridge-announces-major-multi-million-133259858.html
If they don't own it? LOL
DALLAS, TX--(Marketwire - Sep 10, 2012) - Southridge Enterprises Inc. ( PINKSHEETS : SRGE ) ("Southridge" or the "Company") today announced it has begun a Multi-million Dollar expansion of its Cinco Minas Mill (CMM) located at Cinco Minas, Jalisco, Mexico. The new facility's high efficiency expansion will raise full production capacity to 500 ton per day (tpd), a more than 8 fold increase from the current 60 tpd production level, by the end of 2013.
The expanded CMM design and layout is complete and foundations are now under construction. All the major system components have been requisitioned and are confirmed for transfer and delivery to the Cinco Minas property. The required secondary facilities including buildings, electrical power, water and road access, are also nearing completion. Additionally, the CMM environmental permitting processes are moving forward rapidly and the Mexican Governmental Agencies have commented that they are satisfied with the progress and the diligent care demonstrated in the Company's environmental protocols and safety programs. The Company has taken a critical success factor approach in the planning of this major expansion of the Cinco Minas Mill by the commitment to maintaining current Gold and Silver production levels during the construction period. The CMM 500 ton per day (tpd) project, which will be developed and implemented in various phases over the following year, is scheduled for completion by November, 2013, at a total budgeted cost of $21-$23 million.
Southridge's recent $15.6 million financing, arranged within the European investment community through Duvernoi Capital Investments Inc. ("DCII"), has begun with the advance of the first tranche of $4.8 Million. The funds will be used exclusively for CMM 500 ton per day (tpd) Mill construction.
The CMM expansion is being led by Southridge's Engineering professionals and the Mill Assessment Committee (MAC). With Phase I already well underway, the project team has been carefully ensuring that quality, technology, safety and proficiency are incorporated into every aspect of the expansion. Southridge has already begun the hiring process to fulfill the construction manpower required with 18 new employees now in place. The Company expects to add another 35 employees, with a variety of skills and experience, to complete the construction workforce over the next year of the CMM expansion.
"We believe the factors driving long-term growth in Gold & Silver demand are unlikely to reverse," said Company President and CEO, Michael Davies. "The goal moving forward is to bring the Company's shareholders added value by increasing revenues, using economies of scale to reduce costs and expand our mineral resources through exploration."
In conjunction with the mill expansion project, the Company hosted a several day visit of two research and mining analysts at the Cinco Minas -- Gran Cabreara Gold and Silver Mines. At Cinco Minas, the analysts attended the ground-breaking ceremony that officially launched the commencement of the 500 tpd mill expansion construction.
Southridge recently announced that the 2012 4th Quarter Earnings and Production values at Cinco Minas. In fiscal 2012, the Company processed over 9,000 tons of ore and recorded revenues of $3.14 Million. Subsequent to the completion of the 500 tpd facility in 2013 and assuming full capacity operations and stable metal prices and grades, the Company has projected its 2014 production revenues to exceed $60 Million.
In other recent Company developments, the anticipated and long-awaited public update at the Mexican Mining Registry of the Cinco Minas mineral concession ownership being duly reflected in Southridge's name is now complete. Also, the Company had now engaged the necessary professional services to migrate and up-list the Company's reporting status back to the Over-The-Counter Bulletin Board. It is anticipated that this process will be complete before the end of 2012.
Yes Tob!! eom
I'm holding for a long time so the little drops are no problem.
JV
Maybe a buyout of one of the properties
With JV= large 2013 revs
Up-listing
And even more to come.
Holding strong on SRGE!
Buy the frigging dip! LOL eom
MM'ers are holding this up! They won't let me buy! eom
DALLAS, Dec. 18, 2012 /PRNewswire/ -- Southridge Enterprises Inc. (PINKSHEETS: SRGE) ("Southridge" or the "Company") is pleased to announce today that Southridge Minerals, Inc., its wholly owned subsidiary, today announced a cash dividend of $0.0002 per common share, payable on December 28, 2012 to shareholders of record at the close of business December 21, 2012. The dividend represents a payout of approximately 8% of the recently reported fourth quarter net income.
Is the date in bold what you are talking about?
The CMM expansion is being led by Southridge's Engineering professionals and the Mill Assessment Committee (MAC). With Phase I already well underway, the project team has been carefully ensuring that quality, technology, safety and proficiency are incorporated into every aspect of the expansion. Southridge has already begun the hiring process to fulfill the construction manpower required with 18 new employees now in place. The Company expects to add another 35 employees, with a variety of skills and experience, to complete the construction workforce over the next year of the CMM expansion
That is a wondeful PR!
http://ih.advfn.com/p.php?pid=nmona&article=54109315
Yes agree, also must own SRGE shares by Friday to get Dividend. eom
And NITE's minions? Out of work? eom
When the NSS covering happens, I can imagine right after a cover, then an immediate buy-in to try and recover their loss, which will add to the shoot up to the moon! IMO
From tob999 post 86811: I did speak to her as did at least 5 other SRGE longs. We did our DD months ago. I did NOT record the 2 conversations i had with Ms Tatiana Sigler Baca if that is what you are suggesting!!! Check out the signatures and the high definition Government watermarks and the date stamped photos of the concession titles, complete with Tatiana's signatures here. These are so obviously real..really ridiculous to say these are 'fakes' imo!!! SRGE owns Cinco Minas and Gran Cabrera 100%!!!! :
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79936005
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79792363
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79792636
From tob999's post 86811
That's false! We received the previous didvidend and so will we receive this one! GO SRGE!
How can it be stopped! Huge more buyers? eom
Yes, I was thinking $300 million and a .10 per share, one time dividend! IMO
SRGE dividend shows the super confidence SRGE has in their business plans going forward! IMO
SRGE gets tax advantage paying dividend this year. eom