OTCMAGIC

Southridge Enterprises Inc.(PINK:SRGE) the Inside Scoop

 
Repost This

Las Vegas, NV -- (SBWIRE) -- 12/07/2012 -- Southridge Enterprises Inc. (PINK:SRGE) saw a meteoric rise in price in recent months from lows of triple zero to recent highs near $0.02 per share. Investors who got into SRGE early saw explosive gains.

There is little wonder for the meteoric rise of SRGE here; on Sept 05 SRGE announced that in fiscal 2012, they have processed over 9,000 tons of ore and recorded revenues of $3.14 Million in just its 4th Quarter Fiscal Year 2012 ending Aug 2012. For a sub penny stock this is truly spectacular – a little further digging and one begins to see the fantastic potential here!

SRGE recenty announced 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.

Southridge Enterprises Inc is a mineral exploration company dedicated to acquiring and developing mineral resources in geologically permissible and politically stable areas of the world. SRGE seeks out early stage opportunities with good mineralization indicators that exhibit significant blue-sky potential.

SRGE pursues and advances these projects that are or will be of interest to mid-size and major producers. By forming alliances on individual projects, the Company expects to develop its interests in mines operated by its partners, allowing it to continue to build value through continued exploration. Southridge is currently focused on projects in Mexico.

Southridge Minerals has vast experience in Mexico and the knowledge of the geological conditions and formations pertaining to known large gold deposits that have received very little attention to date. this advantage, combined with a specific geographical and mineral focus, will allow for more efficient asset and income growth in the future for the benefit of shareholders' investments.

OTCMAGIC has recently published a new article on SRGE. To find out more about this stock and what OTCMAGIC projects for Southridge Minerals both short term and long term please go here: SRGE

OTCMAGIC Spends all day scouring the markets for the next huge Penny Stock Winner. Investors have come to trust us for our up to date commentary on all hot stocks so please visit OTCMAGIC right now and see what it’s all about for yourself! At 30,000 Visitors a Month and growing rapidly OTCMAGIC is the hottest thing in Penny Stocks!

Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PLEASE NOTE: OTCMagic.com employees are not registered as an Investment Advisor in any jurisdiction whatsoever. Full disclaimer can be read at http://OTCMagic.com/disclaimer. Release of Liability: Through use of this website viewing or using you agree to hold OTCMagic.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss monetary or otherwise, damage monetary or otherwise, or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. OTCMagic.com affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. OTCMagic.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and OTCMagic.com. We make no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. This is not a solicitation to buy or sell any securities. Any claims or Statements should be deemed hypothetical. OTCMagic.com, nor any of its affiliates are not registered investment advisors or broker dealers.