HOPE THIS IS TRUE!! Will give this share a good kick up the backside
SYDNEY, Aug 26 (Reuters) - Australian-listed Sino Gold Mining Ltd (SGX.AX) will make an announcement on a potential takeover transaction, it said on Wednesday, requesting a trading halt in its shares.
The company, which operates mines in China, said in a statement there was no certainty a transaction would proceed. Sino Gold has a market value of A$1.75 billion ($1.46 billion). (Reporting by James Thornhill, Editing by Mark Bendeich) ($1=1.198 Australian Dollar)
SGX Price at posting:
$5.97 Sentiment: Buy Disclosure: Held