Replies to post #77625 on Southridge Enterprises Inc (SRGE)

[bigman7100]

srge,while groundless,

He is using a baseline off of the drill sights, and what was published drill results. so while groundless, I did the figures my self, and feel i will be buying again Monday open.

[poster44ny]

I believe they own the Cinco and other mines. I agree they will need bigger pockets to get those kind of #s. But if there is a profit to be had to get it out, it will be mined, albeit a BO or JV or more finacing.

[JohnCM]

An idea what a $10.00 per share gold mining company is reporting for the quarter. O/S 1.1B. Just to offer the smallest reference point. This is not suggesting these are numbers SRGE should be expecting in the near future ...

"-- Production(1): 672,173 gold equivalent ounces, compared with 632,432
ounces in Q3 2011.
-- Revenue: $1,109.7 million, compared with $1,041.0 million in Q3 2011.
-- Production cost of sales(2): $677 per gold equivalent ounce, compared
with $626 in Q3 2011.
-- Attributable margin(3): $972 per ounce sold, compared with $1,018 in Q3
2011.
-- Adjusted operating cash flow(4): $434.4 million, compared with $412.9
million in Q3 2011. Adjusted operating cash flow per share was $0.38,
compared with $0.36 in Q3 2011.
-- Adjusted net earnings(4), (5): $250.4 million, compared with $269.4
million in Q3 2011. Adjusted net earnings per share were $0.22, compared
with $0.24 in Q3 2011.
-- Reported net earnings(5): $224.9 million, or $0.20 per share, compared
with $207.1 million, or $0.18 per share, for Q3 2011.
-- Outlook: The Company remains on track to meet its 2012 production
forecast of approximately 2.5-2.6 million gold equivalent ounces from
its continuing operations, and its cost of sales forecast of $690-$725
per gold equivalent ounce. As a result of the cost reduction initiative
announced in Q2 2012, Kinross has identified approximately $200 million
in capital expenditure reductions for 2012, and has reduced its full-
year capital expenditure forecast to $2.0 billion from the previous
forecast of $2.2 billion."

[Jimmy6969]

TM. Does the same hold true for Bandera? Another scam company based on what you have just written. The difference here is that srge owns something of value that others would like to have.