Southridge Enterprises Inc (SRGE)

[JPMorganJr]

Excellent point !!!!

First you could buy the entire company for $500M to $600M, later for Kinross the price was $680M just for a JOINT venture, which would make it seem that they were only getting half of the company for the $680M investment.
This gives SRGE a value of almost $1.4B or about $1 per share

In my mind if Kinross ever gave them a check for $680M do you think the SRGE boys would even hang around to work the mine ?? I think they would have taken the money and run. When you have $680M in your pocket why work at all, especially when you see the share price rise from 1/2 penny to a $1 for a 200x return.