I'm wondering about something. Minera San Jorge took over the mines, so this
means they took over the SRGE shell as well. Minera San Jorge owns mines in Mexico and Colombia. Cinco Minas and Gran Cabrera was just a part of what they own. The mines they own (from the Minera San Jorge mine pictures):
In Colombia:
Marmato, El Acaran, Cerro de Frontino, Sur de Bolivar, Segovia Remedios, Frontino. How much gold/silver these mines contain is not shown.
In Mexico, Sinaloa:
Metates. How much gold/silver this mine contains is not shown.
In Mexico, Zacatecas:
Chalchihuites, Jimenez Del Teul. How much gold/silver these mines contain is not shown.
In Mexico, Guanajuato:
Pozos - Estimated ounce of gold: 452,554. Estimated ounce of silver: 34,607,038.
Pinguicos - Estimated ounce of gold: unknown. Estimated ounce of silver: unknown.
Cerro Bayo - Area with past production: 4 to 6 million ounce of gold and 1,200,000,000 ounce of silver.
In Mexico, Jalisco:
Monte El Favor, Cinco Minas, Gran Cabrera - This is now being explored by GoGold Resources.
Monte El Favor - Estimated ounce of gold: 459,000. Estimated ounce of silver: 122,000,000.
Cinco Minas - Estimated ounce of gold: 112,187 (drill tested or indicated to date, 20% of one ore shoot). Estimated ounce of silver (drill tested or indicated to date, 20% of one ore shoot).
Gran Cabrera - Estimated ounce of gold: 212,223. Estimated ounce of silver: 106,363,224.
Mascota - Estimated ounce of gold: 1-2 million. Estimated ounce of silver: 10-20 up to 100 million.
Casados/Limones - Estimated ounce of gold: 48,000. Estimated ounce of silver: 1,000,000.
In Mexico, Nayarit:
El Nayar - Estimated ounce of gold: 500,000 to 1 million. Estimated ounce of silver: 20-50 up to 160 million ounce.
Real de Acuitapilco - Estimated ounce of gold: 1 million. Estimated ounce of gold: 20 million.
Lola Y Carmen - Estimated ounce of gold: 1 million. Estimated ounce of silver: 20 million.
The deal GoGold has offered to the ones who offered Cinco Minas/Gran Cabrera/Monte El Favor for exploration is peanuts. At this point, with everything going on in the world and gold/silver at high prices why does Minera San Jorge not go public from private? They have mines worth millions. I assume they own the SRGE shell so they could go public quite fast. Why would any party settle for scraps by this Cinco Minas/Gran Cabrera/Monte El Favor deal with GoGold when you can make tens if not hundreds of millions by going public as company
with your mines? GoGold Resources was practically nothing before they got Cinco Minas/Gran Cabrera/Monte El Favor. Now GoGold is sitting at a market cap of $330 million all thanks to the Cinco Minas/Gran Cabrera/Monte El Favor mines. Minera San Jorge really should wake up if they want to make money. Something to think about.
means they took over the SRGE shell as well. Minera San Jorge owns mines in Mexico and Colombia. Cinco Minas and Gran Cabrera was just a part of what they own. The mines they own (from the Minera San Jorge mine pictures):
In Colombia:
Marmato, El Acaran, Cerro de Frontino, Sur de Bolivar, Segovia Remedios, Frontino. How much gold/silver these mines contain is not shown.
In Mexico, Sinaloa:
Metates. How much gold/silver this mine contains is not shown.
In Mexico, Zacatecas:
Chalchihuites, Jimenez Del Teul. How much gold/silver these mines contain is not shown.
In Mexico, Guanajuato:
Pozos - Estimated ounce of gold: 452,554. Estimated ounce of silver: 34,607,038.
Pinguicos - Estimated ounce of gold: unknown. Estimated ounce of silver: unknown.
Cerro Bayo - Area with past production: 4 to 6 million ounce of gold and 1,200,000,000 ounce of silver.
In Mexico, Jalisco:
Monte El Favor, Cinco Minas, Gran Cabrera - This is now being explored by GoGold Resources.
Monte El Favor - Estimated ounce of gold: 459,000. Estimated ounce of silver: 122,000,000.
Cinco Minas - Estimated ounce of gold: 112,187 (drill tested or indicated to date, 20% of one ore shoot). Estimated ounce of silver (drill tested or indicated to date, 20% of one ore shoot).
Gran Cabrera - Estimated ounce of gold: 212,223. Estimated ounce of silver: 106,363,224.
Mascota - Estimated ounce of gold: 1-2 million. Estimated ounce of silver: 10-20 up to 100 million.
Casados/Limones - Estimated ounce of gold: 48,000. Estimated ounce of silver: 1,000,000.
In Mexico, Nayarit:
El Nayar - Estimated ounce of gold: 500,000 to 1 million. Estimated ounce of silver: 20-50 up to 160 million ounce.
Real de Acuitapilco - Estimated ounce of gold: 1 million. Estimated ounce of gold: 20 million.
Lola Y Carmen - Estimated ounce of gold: 1 million. Estimated ounce of silver: 20 million.
The deal GoGold has offered to the ones who offered Cinco Minas/Gran Cabrera/Monte El Favor for exploration is peanuts. At this point, with everything going on in the world and gold/silver at high prices why does Minera San Jorge not go public from private? They have mines worth millions. I assume they own the SRGE shell so they could go public quite fast. Why would any party settle for scraps by this Cinco Minas/Gran Cabrera/Monte El Favor deal with GoGold when you can make tens if not hundreds of millions by going public as company
with your mines? GoGold Resources was practically nothing before they got Cinco Minas/Gran Cabrera/Monte El Favor. Now GoGold is sitting at a market cap of $330 million all thanks to the Cinco Minas/Gran Cabrera/Monte El Favor mines. Minera San Jorge really should wake up if they want to make money. Something to think about.
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