Just looking through latest Kinross financial statements. Page F-10 "Investment in shares carried on an equity basis" reveals Kinross investment in 4 other companies, of which Consolidated Puma Minerals Corp. is one. I find it very interesting that Kinross owns shares in just 4 companies... of which Sage Gold Inc. is now (or will be shortly) 1 of these 4.

However, what I also find interesting is that the lowest stake Kinross holds in any of these other companies is 19.9%... Victoria Gold Corp. (25%), Consolidated Puma Minerals Corp. (35%), Brett Resources Inc. (25%), Harry Winston Diamond Corp. (19.9%)... Makes sense as Kinross is a major and when 'they are in' they are really in.

After the CPW-v deal closes, Kinross will only hold 6% of Sage Gold Inc. Will this be enough for them? Or will we quickly see them up their stake to a more respectable 25-30% interest? Would seem possible. Would almost seem embarressing for Kinross to have just 6% interest in 7 cent company appear on their next set of financial statements next to investments in Harry Winston, Victoria Gold, and Brett Resources LOL.

Seems CPW-v was the one blemish on Kinross' short list of investments. However, would also be safe to assume that Kinross (who still owns 35% of CPW-v) had a lot of influence re: SGX acquisition of CPW. Would love to know who sought out who. We have known for some time that KXL has had confidentiality agreements in place with several majors... Kinross is likely one of them. Is this 'back-door' investment in SGX Kinross' way to quietly move in on this discovery? Possibilities here are endless.

Kinross involvement here is huge news and should not be underestimated IMO.

red911