Red, it's possible that K has already been buying on the public market at 6-7 cents ... that would explain the higher than average volume over the last few weeks.

But what Sage really need is Cash... So If K is able to accumulate up to 10% on the public market cheaply, they might be talked into a bought deal PP at a premium later if the drill results show what they are thinking. Often when a major takes a stake in a junior they pay a premium ... so if results bring the price to 15-20 cents, they might pay 25-30 cents for another chunk of shares or if it looks really good they might pay up to 40-50 cents (maybe a fetch here) with some warrants attached

just a thought