GREY:VITFF - Post by User
Comment by
rgrieveon Sep 16, 2012 12:40pm
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Post# 20372907
RE: RE: Kinross & Sun Valley Gold
RE: RE: Kinross & Sun Valley Gold James,
According to sedi Kinross owns 31,185,603 shares most of which were bought in 2009 thru 2011. They also own the shares of Eastwest (24,701,025) that were acquired in 2007.
Sun Valley Gold shares were acquired in 8-24- 2010 thru 12-7 2011.
The Cove fiasco happened in late 2010 when they found the numbers on that project were completely wrong and thus began the long decline of victoria. The president of the company was cut loose and the share price has dropped by over 80%. Now, I look at this and ask myself why would KGC and Sun Valley stick around? In fact, they added to their positions after the debacle with Cove was disclosed. It sure seems to me like they are sticking around because of Eagle/Dublin Gulch.