Replies to post #49391 on Southridge Enterprises Inc (SRGE)

[I-Glow]

Stervc, this isn't true,

Tumi Resources and their team reviewed an underground high-grade mining option that gave resource numbers too low to be of interest to Tumi Resources because of how low the price of gold was back then.

The gold prices have little bearing on the underground mine. It is the hazardous mining conditions and the low reserves. The price of gold will not increase the amount of reserves (it would increase revenue) but the cost of mining is extremely expensive because of the high number of open stopes.

Open stopes would require additional roof bolting etc because all of the seams have been mined or robbed.

This is so dangerous and costly MSHA would not permit the mine in the US. You would have to have enormous reserves to make it worth anyones time to mine. As is stated in the Tumi report the reserves are minimal.

IG

[terry_mathews]

In 2004 a resource estimate was prepared on the Cinco Minas property that was based on work by the independent consulting firm of Behre Dolbear de Mexico (www.dolbear.com). This estimate was based on the drilling, trenching and field exploration since 2003. Based on their examinations and calculations they reported the following:

We are talking about a complete executive team of ghosts. The bio's provided offer zero evidence of any past work performance and education and yet...in a filing SRGE not only identifies the consulting firm but then offers a link to their website. This fraud is sooooo transparent a baby of 5 yrs old can see it.