Seems very possible as my dd keeps leading me in that direction. SCCO currently has some incidental Gold operations which would make sense to go head first into that arena. Not only could they be interested in the prime Cinco property, I could see them buying the total SRGE company.
As usual your statement has basis in fact - the SCCO rumor was started on the Sierra blog.
Actually, SCCO has classified the rumor as baseless in written communication - for a IR department to commit to writing is extremely unusual and makes the statement have a profound impact. There is zero involvement of SCCO with SRGE.
But, please provide some evidence that your statement is correct - just as I expected with all SRGE boasts they can't be backed up by facts.