# 967527
Southridge Enterprises Inc. owns and operates the Cinco Minas mine in Mexico and there is nothing you can say that will change that. I can understand why you might be confused, it is a somewhat complicated chain of events so hopefully you can follow. Step1, In early March 2009, Alejandro De Leon sold Cinco Minas concession titles to Omar Alejandro Flores Madrigal. Alejandro De Leon's name is currently on titles of the Cinco Minas properties. This can be verified by going to the Mexican Mining Registry and doing a search on titles.Step2, On March 27, 2009, Southridge entered into a Mineral Exploration Agreement with Omar Alejandro Flores Madrigal/Comercalizadora, Servicios Y Distribuidora Track, S.A. DE C.V. for a 100% interest in the Cinco Minas and Gran Cabrera Gold properties and mineral concessions in Mexico for a total purchase price of $7,500,000 USD. This and more detailed information was disclosed in Financial Statements that conform with U.S. GAAP, filed on the OTC Markets/Pink Sheets. Step3, In Mexico, a purchase such as this one takes place in front of a Notary Public (NOTARIO). The Notary verifies that there is no liens/encumbrances/lawsuits against the title and once clear proceeds to complete the transaction. This is similar to a Notary in Canada acting as an Escrow done in almost every Real Estate transaction. For the record this Purchase Agreement took place during a period were there was absolutely no liens or lawsuits against these titles making it a totally legal transaction in Mexico. Now that we are clear on that point and know that Southridge has legal title of the Cinco Minas titles we can move to who has access to the Cinco Minas property. Initially Bandera's JV partner Minera San Jorge S.A. de C.V. (MSJ)/George Barnett Salazar/George Salazar Barnett claimed he had a Surface Rights agreement, however this has been proven a fraudulant document, void and no longer valid. After the purchase agreement for Cinco Minas was completed, Southridge signed a Surface Rights contract with the Ejidatarios of Cinco Minas. Anyone with a computer and access to the internet can visit the SRGE website and see that Southridge is the current operator at Cinco Minas.
"In Mexico its simple... if you don't have Surface Rights you can't ACCESS the property no matter if you have the mineral concessions titles. Having mineral concession titles simply gives you the right to the minerals that are "UNDER-THE-SURFACE". It is up to the concession holder to work out a deal with the land owners, who in this case would be the "Ejidatarios"** of Cinco Minas. These Ejidatarios are free to do as they wish with their Land, including but not limited to leasing it to a 3rd party. There is no package deal when you acquire the mineral concession rights, no protection from the local Government, No LAW that obligates or forces the Ejidatario to sign with the concession holder. That is why it is so important to have the Ejidatarios who are usually the workers or family of workers / miners on your good side.
1) How long will the legal case take? Legal case has been lost by Bandera Gold Ltd. on August 17, 2011 as shown on the Mexican Supreme Court website. They might continue with an appeal of some kind to give the appearance to shareholders that there is still hope (pass the burning matchstick).... if that happens you are easily looking at a minimum 3 years in the Mexican Court System.
2) Is a settlement even possible? It's impossible, it's NOT convenient to either party to settle. First off, Bandera Gold Ltd./Russel Renneberg is a scam run by professional scammers. They have no interest in continuing with the Cinco Minas - Gran Cabrera project. They have already sold all their stock during their Pump and Dump many years ago, besides, settling would involve having to deal with sociopath George Barnett Salazar, and even people in Colombia know he is a Schizophrenic, Bi-polar Psychopath that cannot be TRUSTED anymore. Second, both Bandera/Russel James Renneberg and George Salazar Barnett know that Southridge owns Cinco Minas and arguing this fact would involve years of litigation (min. 5 years) and hundreds of thousands of dollars in legal fees. Third, both Bandera-Russel James Renneberg and George Salazar Barnett are aware of the fact that Southridge signed a Surface Rights Contract with the Cinco Minas Ejidatarios. There is NO arguing with this very important fact... Bandera Gold or George Barnett simply CANNOT and will NOT have access to the Cinco Minas properties for the next 50 years or until the contract with the Cinco Minas Ejidatarios expires. So without ACCESS to the mineral concessions you can't do any exploration, thus making it 100% IMPOSSIBLE for either Bandera Gold or George S Barnett to raise further monies....
http://cdn.hotstockmarket.com/4/42/42eacfe9_sentencing.png
Here is a link to the full 36 page court document that shows clearly that Bandera Gold has lost!
Or you can download it straight from Mexican Supreme Court website:
http://www2.scjn.gob.mx/ConsultaTematica/Pagi...oID=122590
In Mexico its simple... if you don't have Surface Rights you can't ACCESS the property no matter if you have the mineral concessions titles. Having mineral concession titles simply gives you the right to the minerals that are "UNDER-THE-SURFACE". It is up to the concession holder to work out a deal with the land owners, who in this case would be the "Ejidatarios" of Cinco Minas. These Ejidatarios are free to do as they wish with their Land, including but not limited to leasing it to a 3rd party. There is no package deal when you acquire the mineral concession rights, no protection from the local Government, No LAW that obligates or forces the Ejidatario to sign with the concession holder. That is why it is so important to have the Ejidatarios who are usually the workers or family of workers / miners on your good side..... which, we all know Bandera Gold Ltd. and George Barnett Salazar really messed that up!!! they turned the whole village of Cinco Minas against them when they left those poor people to starve to death. Its really not that hard to understand:
NO SURFACE RIGHTS EQUALS ABSOLUTELY NO POSSIBILITY OF MINING!
