Timmins & Beardmore - Northern Ontario

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Message: If I was a betting man...

If I was a betting man...

posted on Jan 19, 2010 12:15PM

Here is my prediction for next 2 months re: SGX...

Pending results are currently being held because they are not allowed to release anything material while negotiations are ongoing. Results will be released once negotiations are complete and deal is announced.

~10-1 consolidation with simultaneous 20-30 million share PP with Kinross at about $0.50 flow through with warrants. This will be voted on at AGM on March 31, 2010. Kinross would then own about 40-50% of SGX.

Or not. Fact is, whatever they are doing, let's get on with it.

red911

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