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  4. Southridge Enterprises Inc. (SRGE) Message Board

I Personally am leaning towards an update of filli

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Post# of 9903
Posted On: 03/19/2014 12:18:03 PM
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Posted By: Jbz
Re: Rhinegold #3700
I Personally am leaning towards an update of fillings which would reflect the completion of the Cinco Minas Mil Expansion that would be completed as of last November based on an PR towards the end of 2012, Meaning they are no longer producing only 60 ton of ore per day but 500 which should be somewhere  around 30 million dollars earned instead of 3 Million a QTR. That alone would correct the Price Per Share even here on they Greys building Pressure and financially ruining anyone that is stuck in a short position. From there If or when We make it to another Exchange Shorts would be destroyed simply because the Valuation of SRGE. Not to mention the Share Structure of only 545 Million O/S and 215 Million Float with News of what I've described about the Mil Expansion and move from 60 to 500 TPD w/ current SS its simple to understand why $10.00 A share would be an insult to even consider Support with the Current Price of Gold and SS of course. Rather we get bought out or JV'd I personally don't care if that happens. I would like to see what I've just wrote Play out in less than 2 months. Hell  by April the 1st Would Be Stupendous. The Hold Up is what I'm having a hard time figuring out. None The less I will continue to hold. SRGE has my attention for the remainder of the Yr if that Long. Personally I feel if they Don't make a move within the next couple of Months I have no Reason keep checking in on these boards daily or weekly for that matter. I will continue to hold but Life goes on. You may See me Pop in every month or so. Of Course I will check the Ticker to check for major movement but I honestly feel there is no reason to continue checking in on a Company that isn't letting any information out to its Shareholders. Just doesn't sit right with me. There is absolutely no reason to sell at these levels despite what the shithead bashers say, but there is only so much I can take especially trying to  speculate what the company/companies are doing without  news.There isn't any  new News or dots to connect and to get let down day after day sitting in LIMBO is just pointless. Nonetheless I will continue to Hold and Accumulate. The Timing of the Company is just Horrible and inconsiderate of shareholders despite how much money we will gain from holding. There's just a way things should be done. I'm glad I do not have 20 Thousand or More Invested @ this Rate with The lack of Information that has been put out but of course for the ones that do when the time comes they will be rewarded more. All in JMO of Course.

Best of Luck to All Longs, while Shorts can Simply  Vanish  from the Whole Universe for all I care.


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