Yes, you'd be absolutely nuts to tender your shares at this point. Imo the very worst that will happen is a couple sweeteners, as you put it, from Kinross. However, based on a whole whack of pure common sense, there will be other bids.
One thing that might play in our favour is that to tender our shares it requires action on the part of shareholders. When shareholders received that package in the mail I doubt it half even opened it. Probably another bunch who did open it, didn't take the time to understand it and put it aside.
DO NOT TENDER YOUR SHARES UNDER ANY CIRCUMSTANCES.