Southridge Enterprises Inc (SRGE)

[I-Glow]

My question is have you ever been to a gold mine or know anything about mining? I am not being a smart ass but there many wrong assumptions about mining being posted as facts.

I need to post a brief tutorial on mining and then it might stop the posts that are based on fiction and myths.

I see the supposed DD on Cinco Minas valuation and Stervc assumes 100% recovery - Goldcorp with the best equipment in the world has only a combined 67% recovery in Mexico.

Plus, the all in cost of gold mining is between $800 and $900 per ounce and this is for Tier 1 companies the cost is even higher for Tier 2. Goldcorp benefits from economies of scale, their Peñasquito mine has a mill with a processing capacity of 130,000 tpd - just what do you think SRGE's all in costs will be - $900+

The list is almost endless of the mistakes being made with the Pro-SRGE DD.

IG