Perhaps. And the denial from Kinross could be their (Kinross's)positioning as well. Why buy the gold when you can "steal" it with a denial? ... hundreds of ways to "do a deal" and some ways are just ugly.
The Kinross 'deal' could have been a clever negotiation ploy
You mean, like getting Kinross to buy up the float and then announce a buy out with another company? Brilliant!!!
Kinross will now want to exit to get their money back, unless Kinross let the HF's know enough to entice them to buy, then they will want SRGE to move even higher before they exit.