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Re: end2war post# 11504

Friday, 02/25/2011 2:31:50 PM

Friday, February 25, 2011 2:31:50 PM

Post# of 60103
SUGO MINERAL VALUE = $34.475 BILLION

4,800,000,000 pounds of lead priced at $1.12 per pound RESERVE EST. $5.376 BILLION
2,000,000 ounces of gold priced at $1400 per ounce RESERVE EST. $2.8 BILLION
250,000,000 ounces of silver priced at $33.19 per ounce $8.2975 Billion
Zinc Reserve Estimated at $18 BILLION.

Gold reserve valued at $2.7 Billion USD and a Zinc reserve worth an estimated $18 Billion USD at Conglomerate Mesa.

And, the prices have gone up since these were noted. So, what... we're sitting on $25 BILLION worth of minerals? I'm not sure what the tax rate is in California for mining, but that's probably several BILLION DOLLARS in tax revenue the state needs.

Now, I can clearly see how SUGO could go to $100 per share without dilution. And, here I am willing to settle for $5-10 per share.

Read more: http://thestockmarketwatch.com/newsletters/2010/10/11/special-mining-alert-%e2%80%93-sugo-%e2%80%93-must-read-info-inside/#ixzz1F06NOBkx

WARWICK, RI--(Marketwire - 09/28/10) - Sungro Minerals, Inc. (Pinksheets:SUGO - News) today announced additional information from eight targeted area's from which the dominant structural feature on the property is the Conglomerate Mesa reverse fault system.

Mr. Fred Pucillo, CEO, stated, "As we review additional documents uncovered during our digitization program, we are excited by the mineralization estimates we are seeing for both industrial and base metals. We are encouraged by the most recent estimate developed from these geological surveys and reports, which show an estimated 4,800,000,000 pounds of lead that make up the claims. To put this in perspective, this is approximately 75 pounds of lead per share, and we are highly confident we will have similar results when other base metals in this formation are reviewed." He goes on to say, "With lead prices approaching $1.00 a pound again, we are confident that we will be able to monetize this valuable asset once we begin production. This system not only holds high potential for gold, copper and silver, but other minerals such as: Quartz-sericite, and in particular, Calcareous shale, Siltstone, Sandstone and silty-sandy Limestone can be found. Iron-stained (especially Hematite) quartz are also present."

WARWICK, RI--(Marketwire - 07/14/10) - Sungro Minerals, Inc. (OTC.BB:SUGO - News) is pleased to announce the results of the preliminary NI 43-101 study which indicates more than two million (2,000,000) ounces of gold within the Conglomerate Mesa property;

WARWICK, RI--(Marketwire - 08/05/10) - Sungro Minerals, Inc. (Pinksheets:SUGO - News) today announced additional information that has been developed from the documents it received when the 331 claims were acquired that constitute the Conglomerate Mesa project.

Mr. Fred Pucillo, CEO, stated, "As we continue the review of documents in our possession, we are excited by the mineralization estimates we are seeing. We are pleased with the most recent estimate developed from these geological surveys and reports, which shows an estimated 250,000,000 ounces of silver in the properties that make up the claims."

I have the stock of the year in my portfolio! Do you?