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Sooah

01/12/13 4:45 PM

#120280 RE: cljacobs #120267

I believe a deal will be reached for Cinco and Gran Cabrera. A deal must be reached as a matter of fact so that they can continue to advance other properties and continue to develop its portfolio.

Given the current situation with the SEC suspension/greysheet trading, raising funds on a debt/equity basis is near impossible. Although private funds can come in--and there are many, many private funds--to advance CM, it is really a very capital intensive undertaking that would best be handled by an industry major. I don't see SRGE becoming a jr producer beyond processing what's on the surface of CM. I say this because SRGE's core business is in exploration, not production and it would be a tremendous challenge to develop CM as a stand alone. This has always been my thought.



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cyberbullymouse

01/12/13 5:08 PM

#120303 RE: cljacobs #120267

You'd be the first truly successful business owner I know who is foolish enough to goof around buying suspended scams like SRGE.