Southridge Enterprises Inc (SRGE)

[terry_mathews]

So is this your opinion that the economic viability difference between 2003/2004 and 2012 is purely the price of gold or has someone with professional experience actually researched and confirmed this to be true? It is dangerous to promote an opinion as being factual without evidence that what is being claimed is real and not pure speculation and unsubstantiated theory.

Do you really think that the difference in the price of gold between 2003 and 2012 translates 100% into profits to the miner? Really? Do you have evidence that this is the case? maybe financial data from a real gold mining operation that shows the exact same multiplier you are using in yiour analysis.