Nice post by Rhinegold Question for naysayers?
Post# of 9903
Question for naysayers? First, read this "In 2005 BGL stock trading price per share was pennies a share. In the end of 2005 a joint venture and acquisitions was announced with MSJ (msj under different old mgmt) a few months later Jan 2006 the stock trading price rallied from pennies to $1.50 a share." So, if BGL was trading at pennies then a deal with MSJ was PR'd in 2005, Why then is it impossible for SRGE shares (acquired by MSJ) to send our PPS to Dollars?
Before you say no, read this recent PR (this year from MSJ) Minera San Jorge S.A. De C.V. Key Developments
Minera San Jorge SA Acquires Cinco Minas Project from Southridge Minerals
Feb 12 13
Minera San Jorge SA has acquired the Cinco Minas gold-silver project in Mexico's Jalisco state from US-based Southridge Minerals. The company acquied Cinco Minas and "other mining properties" of Southridge Enterprises', parent company, Southridge Minerals, took place on February 11, 2013. The MSJ statement also follows controversy over the ownership of Cinco Minas. The Cinco Minas project will "continue as before" the acquisition, with further expansions coming in time.
and this: Type of deal: Type
Date Target
Merger/Acquisition
February 12, 2013 Southridge Minerals, Inc., Cinco Minas Property
We are just awaiting the news to send this to higher PPS.