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From: Biniam Tekle (biniamt@dehai.org)
Date: Tue Nov 02 2010 - 19:57:50 EST
Sunridge Gold Corp At Day Highs, Shy of Yr High
Posted 11/2/2010 3:13 PM
Sunridge Gold Corp (SGC.V) is up more than 7% and has hit a day high
$1.37 on heavy trade. More than 4.4 million shares have changed hands,
making it one of the most active on the TSXV. The stock is shy of a
year high $1.40.
SGC in late October engaged Senet (Pty) Ltd. to conduct a feasibility
study on its Debarwa copper-gold-zinc property in Eritrea. Around the
same time, it also moved to raise $10 million, while Lundin Mining
Corporation (LUN.TO) exercised pre-emptive rights to acquire 2,255,728
Units.
The views and opinions expressed herein are the views and opinions of
the author and do not necessarily reflect those of The NASDAQ OMX
Group, Inc.
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