Southridge Enterprises Inc (SRGE)

[stervc]

buybio2 & All, to piggyback on that thought...

I agree 100% with your thoughts. APS should not have been the reason for anyone to buy SRGE. No disrespect to APS, but the research on SRGE and its properties is very solid. Since SRGE closed red on the day of that announcement, be it real or not, I would have to say that it had no effects on SRGE thus far. I’m expecting for SRGE to do very well based on its own merits. If APS joins the party, then I am happy for them too.

I will say though that the data within that article did hit on some very interesting food for thought which is nothing new from what some of us have already been trying to point out; the acquisition of the El Horconcito Gold Mine. Let's review from a previous SRGE PR...

Southridge Minerals Signs Definitive Agreement and Acquires El Horconcito Gold Mine in Durango, Mexico
http://finance.yahoo.com/news/southridge-minerals-signs-definitive-agreement-115600657.html

...El Horconcito is located in the San Dimas mining municipality of Durango, close to the Sinaloa border.

Currently within the 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 gold and 582 million ounces of silver.

Southridge Minerals currently holds four other mineral properties in Mexico, the past producing and flagship property Cinco Minas, Gran Cabrera, Los Compadres and La Esperanza. ...

Now let’s further analyze the location of where the SRGE El Horconcito Mine in comparison to the San Dimas Mine and other mines from major companies there in the same Durango, Mexico area from reviewing their maps:

http://en.wikipedia.org/wiki/File:Durango_en_M%C3%A9xico.svg


With that dark spot within the map of Mexico above is Durango, Mexico which is where some of the following companies are located that are producing gold & silver below:

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Endeavour Silver Corp. - EXK:NYSE @ $9.00+ per share:
http://finance.yahoo.com/q/pr?s=EXK+Profile
http://www.edrsilver.com/s/guanacevi.asp?ReportID=503387


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Goldcorp, Inc. - GG:NYSE @ $44.00+ per share:
http://finance.yahoo.com/q?s=GG&ql=0

Quaterra Resources Inc. – QMM:AMEX @ .30+ per share:
http://www.quaterra.com/news/index.php?&content_id=279
Goldcorp to purchase 4 million shares at C$0.62 Transaction will provide C$2.48 million for 2012 exploration

… Quaterra Resources Inc. (the “Company”) today announced it has concluded an Amended and Restated Investment Agreement (“ARIFA”) with Goldcorp Inc. (“Goldcorp”; TSX:G; NYSE:GG)…

…Tecolotes Project, Durango. The concession consists of approximately 11,000 hectares located in the southeastern corner of the state of Durango near the Velardeña mining district. Tecolotes, along with the adjacent Americas and Mirasol projects, is located in the center of the Mexico Silver Belt, one of North America’s most prospective regions for the discovery of world-class mineral deposits. …

http://www.getamap.net/maps/mexico/durango/_tecolotes_mina/


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First Majestic Silver Corp. – AG:NYSE @ $22.00+ per share:
http://finance.yahoo.com/q?s=ag&ql=1
http://www.firstmajestic.com/s/laparrillaproject.asp


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Here are some other companies that have huge operations that are already in production in the same area of SRGE’s El Horconcito Mine:

Silvercrest Mines Inc. - SVLC:NYSE @ $2.80+ per share:
http://finance.yahoo.com/q?s=SVLC&ql=0
http://silvercrestmines.com/projects/la_joya/

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Avino Silver & Gold Mines Ltd. – ASM:NYSE @ $1.60+ per share
http://finance.yahoo.com/q?s=ASM&ql=0
http://www.avino.com/s/Home.asp

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I think investors get my point. I think the location of the EL Horconcito Mine owned by SRGE is in a great location where the odds are significantly in favor of SRGE achieving its goals of production from their EL Horconcito Mine.

v/r
Sterling