Timmins & Beardmore - Northern Ontario

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Message: Question...

Question...

posted on Sep 18, 2009 11:39AM

As an SGX shareholder, would you approve the sale of the Golden Extension to KXL in exchange for shares of KXL?

That is, individual shareholders, not the company, would receive shares of KXL at some ratio of ay 5-1 or 10-1... SGX shareholder structure, other properties, etc. would remain unchanged. Would be of benefit to KXL to then have 'the whole system' and would be of benefit to SGX shareholders as they would receive shares of KXL as kind of a 'stock dividend' and participate in KXL appreciation over time as GM is developed.

Out there I know and early for this but just something creative to think about.

red911

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