Replies to post #63270 on Southridge Enterprises Inc (SRGE)

[1manband]

There are no reserves. By law, reserves must be supported by a full feasibility study. Tumi never completed one. They didn't even get to a pre-feasibility study. Again, this is basic stuff - mineral exploration 101.

Scoping studies are not feasibility studies.

http://www.goldminerpulse.com/blogs/what-is-a-scoping-study.php

[1manband]

How can a person possibly evaluate a mineral companies, much less assign a value to it, when they don't know the difference between a scoping study and a feasibility study?

Tumi did not get anywhere near a feasibility study on Cinco Minas, and neither has SRGE. There are no reserves.