StockGuru Blog: Southridge Enterprises (SORD) – In Depth Look at the Factors that Make Ethanol Production Attractive Proposition!
Stock Guru Profile - News - Blogs Ethanol Plant Located in the Richest Topsoil in the WORLD! The Mississippi Delta Southridge Enterprises will invest the $3.3 Million financing capital in what is planned to be the largest bio-refinery complex in the state of Mississippi, breaking ground on the plant by the end of 2007 and beginning production in 2008. There are five major factors working for SORD in a positive way: 1. The price of corn 2. Federal subsidy of 51 cents a gallon 3. State of Mississippi subsidy 4. Federal and California Demand Ethanol Use 5. Financing in place…