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I mean't "great" news in that last post. LOL
If the great happens after market close, I expect a run up at end of day, like yesterday. Then tomorrow morning, not sure but depends on how good news is. I expect continued great news for SRGE.
Good deal for you. Good luck! eom
The MM'ers sure are nice, giving everyone more buying opportunities!
Ask the company these questions. It's worth a try. eom
Oh this dip is so predictable and subsequent rise. Investors for the long term say: "Who cares"! There will be ups and downs all the way to?
Shake out! Buy the dip! eom
Here ya go:
Southridge Updates Shareholders on Possible NYSE Mining Takeover, Joint Partnership and Releases Positive events at its "El Horconcito" Gold Property
Press Release: Southridge Minerals, Inc. – Wed, Nov 21, 2012 8:30 AM EST.. .
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.
Furthermore the cash from such sale would allow Southridge to ramp up exploration and mining with its portfolio of mineral properties located in several world-class mining regions of Mexico. The properties include the past producing and flagship property Cinco Minas, along with the Gran Cabrera, Los Compadres, La Esperanza, La Canita and El Horconcito. With metal prices forecasted to remain buoyant, properties that offer significant potential for Gold and Silver occurrence, a diverse management team, and a strong cash position, Southridge Minerals is well positioned to develop its opportunities and build shareholder value.
Additionally, a major gold producer with a satellite office located in Guadalajara has contacted Southridge with a joint partnership interest in Cinco Minas and the companies are engaged in serious discussions at this time. Should Southridge feel it's more beneficial for the Company to sign a Joint Partnership with this major Gold producer instead of selling its Cinco Minas Property, then Southridge would look to have its shareholders benefit from this transaction as well. The Company and its board of directors are currently discussing the possibility of a quarterly cash dividend to its shareholders from a certain percentage of earnings made from such Joint Venture. Southridge is in negotiations with this major gold producer to inject an amount of roughly $680,000,000 into this Joint Partnership in order to help the Company aggressively mine Cinco Minas and it's up to $5 billion in Gold and Silver reserves. The size of this project is rather large and that's why the company is in serious discussions with a NYSE major producer because it feels this will allow Southridge to aggressively mine and explore the property at a much faster rate therefore leveraging the price of Gold at today's market value.
Cinco Minas, the Company's flag-ship mineral property, has a world-class confirmed gold and silver resource of 235,000 oz. gold and 23.3 million oz. silver with 80% of the known vein system yet to be tested. Today's market value of the confirmed resource at Cinco Minas is well over $1 Billion USD (this is only 20% of Reserves), prior to the completion of further planned exploration to expand the resource. Southridge expects that the process could be completed within approximately 4 weeks. There can be no assurance that any transaction regarding the Cinco Minas property will be completed. The company does not intend to disclose developments with respect to the progress of its strategic alternatives review process until such time as the Southridge board of directors approves or completes a transaction or otherwise determines that further disclosure is appropriate.
Southridge would also like to update its shareholders on its newly acquired 100% interest and assets comprising the mineral concessions in its "El Horconcito" Gold property, in the state of Durango, Mexico. The trenching and sampling program that was conducted during the month of October returned exceptional results. The Company has now initiated a diamond-drill program set out to broaden the Gold resources at El Horconcito.
El Horconcito is located in the San Dimas mining municipality of Durango, close to the Sinaloa border. The company and its board of directors feel El Horconcito is a very valuable asset to Southridge and its shareholders because within this same region, Primero Mining operates the San Dimas Mine, a producing gold and silver asset that was purchased from Goldcorp in 2010. The San Dimas Mine has probable reserves of over half a million ounces of gold and 31.8 million ounces of silver. Part of the prolific Sierra Madre Occidental gold belt, the world's largest epithermal precious metals belt, San Dimas is home to several world-class mining operations. Historical production in the San Dimas mining region is estimated to be over 11 million ounces of gold and 582 million ounces of silver.
About Southridge Minerals, Inc. (SRGE)
Southridge Minerals, Inc. is a U.S.-based mineral exploration company dedicated to acquiring and developing mineral resources in geologically permissible and politically stable areas of the world. The Company seeks out early stage opportunities with good mineralization indicators that exhibit significant blue-sky potential. Southridge pursues and advances these projects that are or will be of interest to mid-size and major producers. By forming alliances on individual projects, the Company expects to develop its interests in mines operated by its partners, allowing it to continue to build value through continued exploration. Southridge is currently focused on projects in Mexico.
What sets Southridge apart is its vast experience in Mexico and the knowledge of the geological conditions and formations pertaining to known large gold deposits that have received very little attention to date. This comparative advantage, combined with a specific geographical and mineral focus, will allow for more efficient asset and income growth in the future for the benefit of shareholders' investments.
Southridge Investors can access the following Southridge Minerals social media channels:
YouTube Cinco Minas Mexico Project:
What is the long term potential for share price, say in 6 months? Any speculation based on the progress the compnay has shown so far?
Dips aren't very deep! Buy and hold for news and more news, all good! IMO
Goldcorp's NEXT Takeover Target!
OTC Listed Southridge Minerals Inc. (SRGE) Is Estimated
To Be Sitting On Gold and Silver Worth At Least...
$9.25 Billion!
Buy Shares of Southridge Minerals Inc. (SRGE) Now Before Its Gold-Starved Neighbor, Goldcorp, Could Gobble It Up For...
$33.88 Or More a Share!
Why in the world would giant Goldcorp (NYSE:GG; market cap $43.28 billion), the world's largest gold producer, pay $33.88 a share for Southridge Minerals Inc. (SRGE) a little-known, exploration-stage gold company whose stock is currently trading around $0.005 cents?
Breaking News Announcement
SRGE announced last week that they've secured a $15.6 Million dollar equity financing agreement from a European based Investor Duvernoi Capital Investments Inc.. The equity financing agreement does not involve any debt. Rather it gives Southridge (SRGE) the option to draw down from the $15.6 million amount as and when needed in the amount of $4.8 Million or multiples thereof.
As is usually the case with a significant financing, like the $15.6 million announced last Monday, more money from different private firms or even a huge takeover from a big form like Gold Corp could follow.
But, you need to act NOW before Goldcorp starts the takeover process. If it sounds too good to be true, remember that the last time Goldcorp made a similar deal (for a piece of Mexico's Urique gold district) it made billions in profit!
Back in 2006, Goldcorp paid $9.5 billion to get its hands on the El Sauzal gold mine in Chihuahua Mexico. The mine was owned then by Glamis Gold and, at the time, produced only a few thousand ounces of gold a year.
But Goldcorp had done its homework. They were certain there was huge potential in the El Sauzal mine and they knew they had a bargain even when they ended up paying $54 a share for Glamis stock.
Glamis Shareholders Got Rich On Goldcorp's Takeover! Southridge Minerals Inc. (SRGE) Could Be Next!
Goldcorp was right. Its newly-purchased El Sauzal mine became the largest producer in Mexico with a recent peak production of over 274,000 ounces a year. Goldcorp was happy to pay a huge premium for shares of Glamis, and it made billions on the deal.
Now, we believe Goldcorp desperately needs to pull off a similar deal! But with the price of gold now around $1,772, the $54 a share they paid for Glamis now translates to something close to $33.88 a share. We'll show you the numbers when you keep reading.
Giant, Goldcorp Needs More Gold to Support Its Stock Price!
According to the company's most recent report, its El Sauzal gold mine is now approaching the end of its very profitable run. The expected decline in production is finally occurring. Gold production forecast for 2012 was down to 80,000 ounces, off some 20%, or 20,500 ounces, from its 2011 total of 100,500 ounces.
At that rate, production will dry up completely in just a few years. Goldcorp is running out of gold at its El Sauzal mine!
What is Goldcorp going to do now?
Southridge Minerals Inc. (SRGE) Has An Estimated $18.5 Billion Worth of Gold and Silver Right In Goldcorp's Backyard! Southridge is Goldcorp's Logical Next Acquisition!
Geologists confirm that there is an enormous, almost staggering, amount of gold left in the volcanic-based Sierra Madre Occidental mountains of Durango Mexico. In fact, according to the latest assays, there are many billions worth of proven gold reserves located on properties adjacent and close to Goldcorp's now-sputtering El Sauzal mine.
And, as an investor, what should interest you is the fact that one of the most-promising acquisitions, Southridge's El Horconcito project is right next door to Goldcorp's petering El Sauzal mine! Read more about El Horconcito here
Goldcorp would have an easy, inexpensive and fast start up if it takes over the El Horconcito project because it already has all the necessary infrastructure and machinery practically on site at its El Sauzal mine. It's a perfect match!
This OTC listed and still un-discovered by Wall Street, exploration company has somehow managed to get its hands on a 100s Hectares mining concession sitting smack in the sweet spot of the same gold-rich geological formation from which Goldcorp has already taken $-billions!
Now, ask yourself...if you were a director of Goldcorp, the world's largest gold producer... a NYSE corporation with a market cap of some $43.28 billion...and if your number-one-best-producing Mexican gold mine was petering out . . .and you knew, with almost absolute certainty that there is $18.5 billion worth of gold and silver sitting almost in your backyard... do you think you'd be contemplating a buyout?
You betcha! Especially when the stock of the company that owns all that gold (SRGE) is currently trading around a ridiculous $0.005 a share!
And how much will Goldcorp be happy to pay to takeover the adjacent gold prospects that belong to Southridge Minerals (SRGE)?
Let's do the math:
We know that Goldcorp paid $9.5 billion ($54 a share) for Glamis back in 2006 when gold was trading at just $550 an ounce and the El Sauzal mine was producing just 1,000 ounces of gold annually.
Given the now-proven production history of Mexico's Urique gold district, a similar price tag for Southridge's wholly owned mineral concessions seems like a steal.
But, gold is now trading about 225% above its 2006 price. That means the $9.5 billion Goldcorp paid for Glamis in 2006 would be more like $20.7 Billion today. If Goldcorp pays just $9.25 billion for Southridge's properties, the per-share price (545,874,868 million shares) works out to $16.94 per share of Southridge Minerals (SRGE)!
But, if Goldcorp has to up the anti due to current gold prices, a price tag of $18.5 billion works out to $33.88 for each share of Southridge Minerals (SRGE) that you can buy now for under a penny!
If our hunch is right, you could invest $10,000 now in SRGE at around $0.005 a share and walk away from a takeover with a staggering 650,000% return!
But, even if a takeover price of $33.88 is overly optimistic (and were not saying it is!) anybody who buys Southridge Minerals Inc. (SRGE) now at around $0.005 cents could make enormous profits in a takeover situation. And a takeover is the logical next move for Goldcorp. It needs to get its hands on the gold-rich properties that lie adjacent to its sputtering El Sauzal mine.
Whether or not Goldcorp steps to the plate soon, Southridge Minerals Inc. (SRGE) has everything going for it. Even without an imminent takeover maneuver, we think this stock could soar in the next few months. And if Goldcorp makes a move, all bets are off!
That's why we think you should buy shares of Southridge Minerals Inc. (SRGE) now while it's still trading around $0.005!
Right now, every investor wants to know which way the market is headed. Our answer is that you can't worry about the overall direction. This market is strictly for stock pickers. You want to be in the kind of special-situation stocks that are not dependent upon an up market for their shares to gain.
As you know, there's still a ton of money sitting on the sidelines, waiting patiently for a stock that's able to present a market-proof scenario. Read on and we'll show you a long list of other Jr. gold exploration companies that have rewarded savvy investors with gains of - 250% in just 4 days...1,200%. in just one day...10,000% in just 12 months. That's why we think you should act now.
Don't wait until Southridge Minerals actually receives that near-certain takeover offer from giant, Goldcorp! You should buy the stock now at around $0.005. There's plenty of good, reliable core drilling and historic data to support the fact that Southridge (SRGE) is sitting smack in the middle of the same precious metal belt as its neighbor, Goldcorp.
Happy Trading!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81613190
Promoting a stock not only brings in daytraders but also investors which serves the purpose of growing the business! Duh!
tob.. your right! eom
Billionaires Buying Gold Bullish for the Yellow Metal
Billionaires Buying Gold Bullish for the Yellow Metal
November 21, 2012
By Deborah Baratz, Contributing Writer, Money Morning
When billionaire investors are buying gold, it probably means prices for the yellow metal are headed higher.
Three well-known billionaire investors – George Soros, John Paulsen and Julian Robertson – have been adding heavily to their gold holdings this year.
Gold buying by some of the world's most successful investors is a strong argument that gold prices, despite their impressive rise over the past several years, still have a long way to go.
The precious metal is expected to enjoy its 12th straight year of increases in 2013. So far this year, gold prices are up about 10%.
Forecasters see gold rising each quarter in 2013, ending at $1,925 an ounce in the last quarter, or 11% higher than current prices, according to Bloomberg.
While gold prices haven't moved much lately, investors need to stay focused on the long term.
On Tuesday, December gold futures on the Comex fell $8.50 (0.5%) to $1,725.9 an ounce. This came after remarks by Fed Chairman Ben Bernanke that the looming fiscal cliff could threaten the U.S. economy.
Of course, such minor bumps haven't kept the smart money – billionaire investors — from buying gold.
Link:
http://moneymorning.com/tag/gold-prices/
The future is sure looking great for SRGE investors!
Saying srge is scam is a lie and that,s the truth. Thanks for the great support of srge tobb. Great day today!
No! Because it is not a rumor! Buy for the future! See over the horizon!
GO SRGE!
I look forward to hearing who the NYSE companies are. That will be huge news!
Great news: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.
Furthermore the cash from such sale would allow Southridge to ramp up exploration and mining with its portfolio of mineral properties located in several world-class mining regions of Mexico. The properties include the past producing and flagship property Cinco Minas, along with the Gran Cabrera, Los Compadres, La Esperanza, La Canita and El Horconcito. With metal prices forecasted to remain buoyant, properties that offer significant potential for Gold and Silver occurrence, a diverse management team, and a strong cash position, Southridge Minerals is well positioned to develop its opportunities and build shareholder value.
Additionally, a major gold producer with a satellite office located in Guadalajara has contacted Southridge with a joint partnership interest in Cinco Minas and the companies are engaged in serious discussions at this time. Should Southridge feel it's more beneficial for the Company to sign a Joint Partnership with this major Gold producer instead of selling its Cinco Minas Property, then Southridge would look to have its shareholders benefit from this transaction as well. The Company and its board of directors are currently discussing the possibility of a quarterly cash dividend to its shareholders from a certain percentage of earnings made from such Joint Venture. Southridge is in negotiations with this major gold producer to inject an amount of roughly $680,000,000 into this Joint Partnership in order to help the Company aggressively mine Cinco Minas and it's up to $5 billion in Gold and Silver reserves. The size of this project is rather large and that's why the company is in serious discussions with a NYSE major producer because it feels this will allow Southridge to aggressively mine and explore the property at a much faster rate therefore leveraging the price of Gold at today's market value.
Cinco Minas, the Company's flag-ship mineral property, has a world-class confirmed gold and silver resource of 235,000 oz. gold and 23.3 million oz. silver with 80% of the known vein system yet to be tested. Today's market value of the confirmed resource at Cinco Minas is well over $1 Billion USD (this is only 20% of Reserves), prior to the completion of further planned exploration to expand the resource. Southridge expects that the process could be completed within approximately 4 weeks. There can be no assurance that any transaction regarding the Cinco Minas property will be completed. The company does not intend to disclose developments with respect to the progress of its strategic alternatives review process until such time as the Southridge board of directors approves or completes a transaction or otherwise determines that further disclosure is appropriate.
Southridge would also like to update its shareholders on its newly acquired 100% interest and assets comprising the mineral concessions in its "El Horconcito" Gold property, in the state of Durango, Mexico. The trenching and sampling program that was conducted during the month of October returned exceptional results. The Company has now initiated a diamond-drill program set out to broaden the Gold resources at El Horconcito.
El Horconcito is located in the San Dimas mining municipality of Durango, close to the Sinaloa border. The company and its board of directors feel El Horconcito is a very valuable asset to Southridge and its shareholders because within this same region, Primero Mining operates the San Dimas Mine, a producing gold and silver asset that was purchased from Goldcorp in 2010. The San Dimas Mine has probable reserves of over half a million ounces of gold and 31.8 million ounces of silver. Part of the prolific Sierra Madre Occidental gold belt, the world's largest epithermal precious metals belt, San Dimas is home to several world-class mining operations. Historical production in the San Dimas mining region is estimated to be over 11 million ounces of gold and 582 million ounces of silver.
About Southridge Minerals, Inc. (SRGE)
Southridge Minerals, Inc. is a U.S.-based mineral exploration company dedicated to acquiring and developing mineral resources in geologically permissible and politically stable areas of the world. The Company seeks out early stage opportunities with good mineralization indicators that exhibit significant blue-sky potential. Southridge pursues and advances these projects that are or will be of interest to mid-size and major producers. By forming alliances on individual projects, the Company expects to develop its interests in mines operated by its partners, allowing it to continue to build value through continued exploration. Southridge is currently focused on projects in Mexico.
What sets Southridge apart is its vast experience in Mexico and the knowledge of the geological conditions and formations pertaining to known large gold deposits that have received very little attention to date. This comparative advantage, combined with a specific geographical and mineral focus, will allow for more efficient asset and income growth in the future for the benefit of shareholders' investments.
Southridge Investors can access the following Southridge Minerals social media channels:
YouTube Cinco Minas Mexico Project:
I posted about GG being a possible NYSE buyer/JV of SRGE. I guess we will soon find out!
You're wrong!
Video: Does anyone know if the mine in this video is the Cinco Minas mine or another of the Southridge properties?
Aeromagnetic services. Geophysical Surveys. Mexico, Youtube:
Excellent MOmO! GO SRGE! Yes airborne magnetometers! eom
Bullish activity on SRGE this morning! eom
I hear ya Jeff, I don't really expect a follow-up. I actually gave up on getting any response!
E-mail from Southridge RE: Overwhelming e-mails. Glad I at least received a response:
Dear Investor,
Due to the overwhelming amount of email queries Southridge has recently received we are unable to respond expeditiously. However, we are committed to thoroughly addressing all of your comments, questions and concerns. Therefore, we would ask for your patience in the coming days while we find the time to carefully reply to your message.
Thank you for your interest in Southridge and we look forward to all your future communications.
Sincerely,
Michael Davies, President
Southridge Minerals, Inc.
http://www.southridgeminerals.com
-------- Original Message --------
Subject: [FWD: Investor/tour]
From: <info@southridgeminerals.com>
Date: Wed, November 07, 2012 11:11 am
To: m.davies@southridgeminerals.com
-------- Original Message --------
Subject: Investor/tour
From: Frank @@@@@ <.net>
Date: Wed, November 07, 2012 8:03 am
To: ir@southridgeminerals.com
Here! Timmins Gold Corp. with Guadalajara office mentioned
This at bottom of link:
Also is convenient remember that in one moment was mentioned the possibility of a deposit of massive sulfides within the property due to the series of samples with gold, silver, lead, zinc and copper values collected by the geologists of the office of Guadalajara, and wide structures continues along of several kilometers with values of copper, lead, zinc and silver. It is needed confirm these concepts or theories thru field works and reliable geology mapping and sampling.
http://www.timminsgold.com/s/ElCapomo.asp
Good thoughts nobody3. eom
Thanks for the chart Chin Wolfy. Look at the difference in volume between Dec 2010 (.25) and Sept-Nov 2012. Tells me a lot of accumulation and new investors recently! GO SRGE!
I'm staying tuned. I love your posts! LOL :) eom
Hey carhauler, how's it going? Is the car hauling business doing well?
You said: "Nevada Rae cannot be mined profitably"
I would say it hasn't been but that doesn't mean it can't. Correct?
5,923,566 shares @ .001, time 16:10:41 eom
1,000,000 shares for $1,000. Bottomfishing and crap shoot all rolled into one!
My stock is going to Hell! And back? Oh the pain. eom
And that "firm" will publish news once it all happens. Bringing in new investors!
Maybe GOLDCORP, NYSE company partnership!:
They have much going on in Mexico.
http://www.goldcorp.com/English/Unrivalled-Assets/Exploration-Partnerships/default.aspx
Just speculation.
GO SRGE!
OUTSTNDING TREMENDOUS NEWS:
DALLAS, Nov. 14, 2012 /PRNewswire/ -- Southridge Minerals, Inc. (SRGE) ("Southridge" or the "Company") announced today that its board of directors has authorized the evaluation of strategic alternatives for its Cinco Minas property located in Jalisco Mexico, including the exploration of a joint venture, complete sale or other transaction.
Cinco Minas, the Company's flag-ship mineral property, has a world-class confirmed gold and silver resource of 235,000 oz. gold and 23.3 million oz. silver with 80% of the known vein system yet to be tested. Today's market value of the confirmed resource at Cinco Minas is well over $1 Billion USD, prior to the completion of further planned exploration to expand the resource.
"Southridge is implementing a plan to fundamentally position itself for further growth in an emerging gold and silver market. By forming ventures on individual projects, the Company expects to grow and maintain an interest in gold and silver mines operated by its partners allowing it to continue to build value through continued exploration. We believe that the exploration of alternatives for the Cinco Minas property will help the company accomplish its strategic goals with additional profitable growth and enhanced shareholder value," expressed Southridge President and CEO, Michael Davies.
Next steps
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.
Additionally, a major gold producer with a satellite office located in Guadalajara has contacted Southridge with a joint partnership interest in Cinco Minas and the companies are engaged in serious discussions at this time. Southridge expects that the process could be completed within approximately 4 weeks.
There can be no assurance that any transaction regarding the Cinco Minas property will be completed. The company does not intend to disclose developments with respect to the progress of its strategic alternatives review process until such time as the Southridge board of directors approves or completes a transaction or otherwise determines that further disclosure is appropriate.
About Southridge Minerals, Inc. (SRGE)
Southridge Minerals, Inc. is a U.S.-based mineral exploration company dedicated to acquiring and developing mineral resources in geologically permissible and politically stable areas of the world. The Company seeks out early stage opportunities with good mineralization indicators that exhibit significant blue-sky potential. Southridge pursues and advances these projects that are or will be of interest to mid-size and major producers. By forming alliances on individual projects, the Company expects to develop its interests in mines operated by its partners, allowing it to continue to build value through continued exploration. Southridge is currently focused on projects in Mexico.
What sets Southridge apart is its vast experience in Mexico and the knowledge of the geological conditions and formations pertaining to known large gold deposits that have received very little attention to date. This comparative advantage, combined with a specific geographical and mineral focus, will allow for more efficient asset and income growth in the future for the benefit of shareholders' investments.
Southridge Investors can access the following Southridge Minerals social media channels:
YouTube Cinco Minas Mexico Project:
That's how I see it too SN! They did say they want to attract new investors. So how do they do that besides doing a R/S to raise the stock price?
Thanks TNP for the time and money you put into gathering all the great info summarizing the meeting. They are getting another engineering firm so maybe a restart will make the operation mucho better. Sounds like Mitch and Rob remain comitted to make this mine (s) profitable