If its 3 sticks its tripple channel anyway, regardless of what the sticker says. Perhaps it was originally two sets of dual channel ram, and 1 of the 4 sticks was faulty. It will work just fine as a tripple channel set.
Number of channels is purely based on how many slots are in used. On the Smackover board, 1slot = single, 2slots = dual, 3slots = tripple, 4slots... dunno for sure, probably single, but it could be that the first 3 slots continue to run in tripple, and then the last slot is "added" to the first, and just that part of the memory is running single channel.