Thursday, September 13, 2012 6:48:49 PM
I have reviewed the following reports by noted experts:
1. Geological reports 43-101 on Cinco Minas
2. Behre Dolbear Report 2007
If you go to Behre Dolbear's site and search Cinco Minas, it will bring up the work they did on the property. See if SRGE is on target with Behre Dolbear's recommendations.
There is NO DEBATE absolutely NONE from anyone here that Cinco Minas has tremendous value. The argument is about who owns CM--BGL or SRGE.
We must discuss BGL because they are an important part of this SRGE investment. I find it hard to believe that BGL has not been down to CM in years when in their own words from prior press releases they valued CM at $400MM! And now, they claim they have signed a non-binding LOI to sell CM for $6.5MM!
Can you see the disconnect here? Hope so.
My opinion on the price action is that perhaps people connected to the BGL/CM incident is trying to accumulate SRGE shares to indirectly take ownership of SRGE for nothing and there is a organized effort to get this done by manipulating the stock in every way possible. It is further my opinion that the company has purposely made the float a small % of O/S to prevent such an attempt.
Time will tell. But, I am betting a big chunk of cash on SRGE.
AIMHO
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