but if you are ABX or NEM or RIO you have access to these funds

you can pick up the phone, make 5 phone calls and know what the funds are doing

if you know they are sitting tight

why not save 43 million bucks

no one does a sweet deal for you to give you 43 million, so why give it to Kinross

it's bad enough you have to buy another 15 million shares (dillution)....(that was supoosed to be our poison pill-thanks Patrick).....they even took that away from us and gave it to K

If they are sure the funds are sitting tight and K won't get 50%

they'll let it run out

the only other way we don't get a bid, is if the majors have made inside deals

and if that were the case, how does a two bit producer get the best find of 20 years???

wouldn't happen...I don't even see a scenario where the majors would want to buy out K with ARU included

why inherit all the Russian risk....and a bunch of mature mines?

so IMO, it's either a bidding war that starts before the deadline (wait til the last minute so you are not bidding up your own bid)

I know..it's rough on the nerves, but this is a game of nerves

a lot of bucks on the line

never forget what we have in the ground

safeharbour