Correction of previous post that read "6% of SGX"...
As per Q&A previously posted on SGX forum...
Kinross will own 8.6% of shares out of SGX post CPW-v acquisition by SGX...
to close by first week of August, latest.
SGX currently at rock-bottom price IMO... float relatively high but currently drilling Golden Extension (extension of KXL's Golden Mile)... this program has been long anticipatedand is now 37 days in... 15 or so 100m holes for first Phase... results couls be out anyday now... but likely after CPW-v transaction closes near end of July-first week of August.
Will likely see Kinross NR on this once this transaction closes as well.
DYODD
red911
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Re: Kinross
in response to Re: Kinross by red911
posted on Jul 09, 09 10:16AM
Dear shareholder,
Thank you for you inquiry. Yes, that is correct. Kinross owns 8.6% of SAGE Gold Shares outstanding.
Regards,
AGORACOM Investor Relations