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sunspotter

01/12/13 5:35 PM

#120332 RE: Sooah #120319

"So, Kinross in Mexico (KGEM) randomly contacted Southridge because it has no assets in Mexico?"

I suspect one of SRGE crooks contacted a Kinross employee and said they wanted to talk. In order to do that, a CDA would have been exchanged - that's normal practise.

The SRGE used the CDA to pretend a JV had been created, but KInross spotted the lie before too much damage was done.

Simple.
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pitboss22

01/12/13 9:03 PM

#120460 RE: Sooah #120319

No, Southridge contacted Kinross trying to hawk the worthless mine. There was never any deal, JV, "Joint Partnership" or otherwise between srge and KGC for the worthless non-assets. By "worthless non-assets" I'm talking about the mining equivalent of the Brooklyn Bridge. { 8^D

When southridge tried to take advantage of the Canadian holiday to sneak in the false PR, Kinross denied it ASAP! The SEC reacted quickly and suspended srge for issuing false and misleading PRs.

Hope that helps. { 8^D