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Kinross Gold (KGC -0.6%) responds to an earlier announcement from Southridge Enterprises...

Kinross Gold (KGC -0.6%) responds to an earlier announcement from Southridge Enterprises (SRGE.PK), saying that Kinross has no agreement with Southridge, as claimed by Southridge, and Kinross is not actively pursuing any such agreement. Southridge Enterprises had announced in a press release this morning that KGC was its new joint partner for the Cinco Minas and Gran Cabrera properties.
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Comments (2)
  • DougRk
    , contributor
    Comments (1620) | Send Message
    Fraudulent press release. The syntax and vocabulary are suspect. SRGE was trading at 0.008 and jumped to 1.3c/share. Either some teenager here or someone overseas.
    26 Dec 2012, 12:20 PM Reply Like
  • minecanary
    , contributor
    Comments (622) | Send Message
    Just look to see who was trading on either side of the announcement. It looks a little small for SAC :)
    26 Dec 2012, 12:35 PM Reply Like
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