Agreed. Something of this magnitude with the potential legal consequences (I believe) would be released first through an official PR via Kinross and not through a 3rd party source who does not name anyone specifically, and really leaves out alot of details, in fact if you look at the article there is nothing to state that the 'email' was from today or from 2 years ago......
Kinross Gold Corp. (K), Canada’s third- largest producer of the metal, denied a statement from another mining company that the two are forming a partnership to develop Mexican projects.
Southridge Enterprises Inc. (SRGE), based in Dallas, said in a statement today the companies are working to finalize an agreement for the Cinco Minas and Gran Cabrera properties.
“Kinross has not entered into a joint venture agreement with Southridge Enterprises, and is not actively pursuing any such agreement at this time,” Toronto-based Kinross said in an e-mail.
No one immediately responded to e-mail and voicemail messages seeking comment from Southridge. Its shares rose 60 percent to 1.3 cents in over-the-counter trading at 11:45 a.m. in New York.
Barrick Gold Corp. and Goldcorp Inc. are the two largest Canadian gold producers ranked by sales.
To contact the reporter on this story: Simon Casey in New York at scasey4@bloomberg.net
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