"As I have been informed by an extremely reliable poster on this board - Kinross never had any intention of actually paying the $550-$650m (we do not know what the exact figure of the contract was). Instead it turned out they were also trying to steal the mines by buying up 75% of the outstanding shares of SRGE to effectively take control of the company making any takeover of SRGE by them unconditional - giving them control and ownership of Cinco Minas and Gran Cabrera. "

It would have been impossible to buy 75% of the stock because the company had restricted the majority of the shares in their names. There were only 214,000,000 shares available to trade at the time of the Kinross news.