InvestorsHub Logo
Followers 1
Posts 313
Boards Moderated 0
Alias Born 02/23/2012

Re: Yoraces post# 51622

Friday, 11/02/2012 6:53:16 PM

Friday, November 02, 2012 6:53:16 PM

Post# of 167964
Might want to reread the quote!
"Southridge Enterprises Inc. (PINKSHEETS: SRGE) ("Southridge" or the "Company") is pleased to announce that it has recorded milestone mineral production and revenues for the fourth quarter and year ending August 31, 2012, from its 60 ton per day (tpd) mill site at Cinco Minas in Jalisco, Mexico. In fiscal 2012, the Company processed over 9,000 tons of ore and recorded revenues of $3.14 Million.

OK genius the first sentence is describing the production of the site Cinca Minas as a 60 ton per day site. The second sentence is saying that in the fiscal year 2012 9,000 tons were processed with revenues of 3.14m.
They aren't saying they processed 9000 tons and made 3.14m in the fourth quarter, in fact some of the revenues and 9000 tons processed came from the third quarter as could be seen in the recent PR.

Your paraphrasing reworded the whole sentence to make it say what you wanted. If you are going to use a quote at least be accurate and don't twist the words around.