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Re: srm4u post# 77

Monday, 05/09/2016 5:33:03 PM

Monday, May 09, 2016 5:33:03 PM

Post# of 1715

TORONTO, May 9, 2016 /CNW/ - DELISTING REVIEW Kerr Mines Inc. (the "Company") – Further to TSX Bulletin 2016-0220 dated March 9, 2016, TSX has decided to extend its review of the eligibility of the common shares (Symbol: KER) of the Company for continued listing for a period of 60 days.



http://news.sys-con.com/node/3803485

What is the game? Why is Greg Gibson simply allowing...? Hmmm...? Something smells very...

Jerritt Canyon Gold has the exact same address as Kerr Mines and Jerritt is owned by a Canadian billionaire $0; what is the game or the angle...? Something does not add up IMHO..

GREG GIBSON
PRESIDENT AND CEO
T 416 361 2511
F 416 361 2519
greg@jerrittcanyon.com

Jerritt Canyon Gold
365 Bay Street, Suite 400
Toronto, Ontario M5H2V1

Kerr Mines
365 Bay Street
Suite 400
Toronto, Ontario
M5H 2V1

Tel: 416-855-9300
Resumes: resumes@kerrmines.com
http://elkodaily.com/mining/canadian-billionaire-buys-jerritt-canyon/article_605d9414-8871-5695-878c-4c430c230929.html

"...Canyon complex does not expect business as usual for the mine.

Jerritt Canyon Gold LLC, owned by Sprott Mining, wants to change how the site operates and its culture, said Jerritt Canyon Gold President and CEO Greg Gibson.

“I think the biggest change as compared to others that have come in is we are a private company,” Gibson said. “We’re not a public company, we’re private. For us to do that (buy Jerritt), we have to be very confident that we can do something with it, because the money is coming out of Mr. (Eric) Sprott’s jeans.”

Sprott, a Canadian billionaire, is one of the largest gold equity holders in North America, Gibson said.

“He is of the belief that there are a lot more ounces to come out of Jerritt Canyon,” Gibson said. “We’re of the belief that the mill and the roaster, although it needs a bath and a little bit of work, that it can turn into a business unit of its own. We’re going to have a combination of mining and custom milling, custom roasting.”

In the past, Jerritt Canyon has milled ore from mines owned by Newmont Mining Corp. and Klondex Mines...."

WHO wants us to DUMP these Kerr Mines shares for next to nothing?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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