Posted On: 02/01/2015 11:29:32 AM
Post# of 9903
The following is a copy of the last Jan 23, 2013 PR from Southridge Enterprises that sets the tone of the future plans. An important excerpt of the PR and link of complete release under it.
"Obviously, we are disappointed with recent events, and it has forced us to re-evaluate some of our goals as a company, and where our focus needs to be directed. The fact remains that Southridge maintains several world-class mining assets in Mexico, notably Cinco Minas and Gran Cabrera, that has neither changed nor has it been effected," said Michael Davies, the President and CEO of Southridge Enterprises. "Our goal moving forward is to be focused on developing our considerable mining assets, while we continue to negotiate with other suitable joint venture partners on expanding these assets. Shareholders of Southridge own a very attractive and valuable precious metals mining asset, in a politically stable region that is favorable towards new mining initiatives. Taking this into consideration, it is our assertion that the Company is well positioned for both continued growth and development, and is an attractive acquisition or joint venture partnership target for a senior mining company."
http://globenewswire.com/news-release/2013/01...pdate.html
"Obviously, we are disappointed with recent events, and it has forced us to re-evaluate some of our goals as a company, and where our focus needs to be directed. The fact remains that Southridge maintains several world-class mining assets in Mexico, notably Cinco Minas and Gran Cabrera, that has neither changed nor has it been effected," said Michael Davies, the President and CEO of Southridge Enterprises. "Our goal moving forward is to be focused on developing our considerable mining assets, while we continue to negotiate with other suitable joint venture partners on expanding these assets. Shareholders of Southridge own a very attractive and valuable precious metals mining asset, in a politically stable region that is favorable towards new mining initiatives. Taking this into consideration, it is our assertion that the Company is well positioned for both continued growth and development, and is an attractive acquisition or joint venture partnership target for a senior mining company."
http://globenewswire.com/news-release/2013/01...pdate.html
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