It's all about the timing... Today Red Back announces their deposit is up 42% in terms of ounces from recent exploration. It was no secret that Kinross was interested -they already had a major stake in the company. I guess they wanted to make their move while they could still afford to.
I wonder if Goldcorp is trying to buy before a new resource estimate gets out?
I wonder if anyone is sniffing out our company right now. Since Agnico Eagle has moved into the Yukon, maybe we'd make a good target while our capex is still small. Almost unheard of to get an offer without a resource estimate. But then, Underworld only had one million ounces...