Southridge Enterprises Inc (SRGE)

[rjbluesky]

flemdog33, the 500 mil could be for the JV of the large NYSE firm. I give you $600 mil and get 500 mil in return to be part of the large JV. IMO, any JV for the Cinco Minas operation may also include the others from the same partner so 500 mil to the partner for a large cash contribution doesn't seem out of line IMO. But for those that are scared about the new 500 mil addition going to the authorized and then to the o/s, assume this for the share price worst case. Simplistic look.

$600 mil cash profit inflow to SRGE/1.5 bil o/s = $.40 EPS x 10 PE = $4 per share. 20 PE = $8 per share.