SRGE - no disrespect MoMo but this is based on an email that appears to be fake and all it does is get people to buy only to have them sell (which drives the price down and is bad for the stock and all of us current investors) because most people think its fake. I am subscribed to the free APS list (have been for a long time) and by now it would have hit that list. In fact this morning I get did something from APS but it was related to PRTN which is the current stock they are touting.
Rod
Goldcorp BUYOUT a Brilliant move by SRGE.....and here is why according to APS!!!
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We know that Goldcorp paid $9.5 billion ($54 a share) for Glamis back in 2006 when gold was trading at just $550 an ounce and the El Sauzal mine was producing just 1,000 ounces of gold annually.
Given the now-proven production history of Mexico's Urique gold district, a similar price tag for Southridge's wholly owned mineral concessions seems like a steal.
But, gold is now trading about 225% above its 2006 price. That means the $9.5 billion Goldcorp paid for Glamis in 2006 would be more like $20.7 Billion today. If Goldcorp pays just $9.25 billion for Southridge's properties, the per-share price (545,874,868 million shares) works out to $16.94 per share of Southridge Minerals (SRGE)!
But, if Goldcorp has to up the anti due to current gold prices, a price tag of $18.5 billion works out to $33.88 for each share of Southridge Minerals (SRGE) that you can buy now for under a penny!
If our hunch is right, you could invest $10,000 now in SRGE at around $0.005 a share and walk away from a takeover with a staggering 650,000% return!
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