if you picked up the phone

spoke to embry and a few other funds

and saw they would not be tendering this offer

why on earth would you give your competitor Kinross 43 million dollars for nothing?

it's bad enough you have to buy an additional 15 million shares because of them...

has any company given you 43 million dollars recently? No.

is it a small % of the entire deal, Yes

but that's not the point

why give your competitor cash for no reason

these majors can be plenty patient

maybe we should learn something from that

safeharbour