Replies to post #77605 on Southridge Enterprises Inc (SRGE)

[terry_mathews]

JohnCM, here is the issue I have with those calculations...

here in penny world we have seen those exact same calculated valuations done a dozen times over, modified only for share structure and assumed mineral valuations, and not one has been accurate. So the question here in SRGE is, what makes this one different?

An analyst that provides a future valuation must support those future valuations with a baseline approach that has been proven successful otherwise numbers mean nothing. I ask what the baseline credential is that warrants such a calculation here in SRGE.

I can say that with dozens upon dozens of penny stock mining companies these same calculations can be made, as they have already, and they would be wrong. fact being, SRGE is not mining today and there is talk of dilution to cover it. so how much dilution is required to even START the revenue stream? you don't think billions in revenues come from a paltry $5 Million investment do you? This analysis assumes exactly that which is why they NEVER pan out.