Southridge Enterprises Inc (SRGE)

[Jamesmobile]

Well put. I also invest in SRGE for its value. I personally believe that investing in gold mining stocks is better than holding on to physical gold. Holding physical gold ensures you retain the value of your assets as government decreases the value of our currency through uncontrolled printing. Holding stock in a gold mining stock means that you not only hold your value, but the company profits from price increases in the value of gold.

I also like the fact that SRGE is scooping up cheap properties and capturing much higher asset value through those purchases. SRGE is also operating in Mexico. Mexico has fewer regulations compared to the U.S. which helps SRGE capitalize on higher profits. The U.S. is really a bad place to conduct business these days with excessive taxation, excessive regulations, and government corruption in general. It won't be long before the U.S. confiscates gold again as it did in 1933 under FDR. Under the current circumstances, I believe that SRGE is acting appropriately to ensure that the company can succeed.