Southridge Enterprises Inc (SRGE)

[I-Glow]

stervc, you didn't address your statement:

Tumi Resources confirmed huge value from the research

Please show where Tumi confirmed HUGE value in Cinco Minas.

You fail to read or understand what Tumi wrote. Nothing about the underground mine has to do with the price of gold.

Additionally, a review of an underground high-grade mining option gave resource numbers too low to be of interest to the Company, particularly when having to deal with a large number of historic open stopes.

The reserves were too small and more importantly the mining conditions are too dangerous to make the project feasible.

As for the surface mining:

Although a resource was established for Cinco Minas, the results of a scoping study previously undertaken by Behre Dolbear indicated a very high strip ratio for an open pit mining operation, such indication having been confirmed by in-house studies performed by the Company's technical consultants.

I see everyone stating that todays gold prices make the surface mine feasible now. That is just tout BS because no one I know of knows what the mining ratios are and if they are indeed economically feasible now.

If you will point me in the direction of the SRGE engineering report to take a look at the mining ratios I will be able to tell you if you can mine it with todays prices.

IG