SRGE (.014 cents) Announces Huge Bonanza Gold & Si
Post# of 98042
" Mining Company with $13BB in Gold/Silver Reserves yet the Stock is trading with ONLY a $8MM market cap. What does that tell you? SRGE is the MOST UNDERVALUED PennyStock in the market right now.. Plus they just paid a Cash Dividend and will continue to pay a Quarterly Cash Dividend to "ALL SHAREHOLDERS"... This is unheard of and a MUST SEE Stock..
SRGE News Today ~ Southridge Announces Bonanza Gold & Silver Intersected in Drilling at the Gran Cabrera Mine in Cinco Minas, Mexico
DALLAS, TX--(Marketwire - Dec 7, 2012) - Southridge Enterprises Inc. ( PINKSHEETS : SRGE ) ("Southridge" or the "Company") is pleased to announce the completion of the drill program at Gran Cabrera property in Cinco Minas, Mexico. 37 holes totaling 3,246m have been completed at Gran Cabrera Mine and bringing the drill density to a higher level which is more suitable for a mineral resources estimation. Assay results have been received for the first sixteen holes from Gran Cabrera and continue to give outstanding results.
Analytical Highlights of the Phase I diamond drill program:
HOLE NUMBER FROM (m) TO (m) METERS ESTIMATED TRUE WIDTH (m) GOLD (g/t) SILVER (g/t)
GCLP-104 62 89 27 26.3 3.8 363
GCLP-121 252 274 22 20.5 2.6 267
GCLP-133 140 163 23 21.6 5.9 684
GCWK-22 167 185 18 16.9 8.9 528
GCWK-26 236 249 13 11.4 6.2 728
GCWK-29 88 107 19 17.6 5.8 1,230
GCWK-34 124 146 22 19.8 3.9 915
Additional drill results are being compiled and will be released as they become available. For further information on the Company's Gold and Silver projects, visit our website: