relevant blurb extract..."Despite the significant execution risks that swirl around Great Bear, Kinross was far from the only large gold company that considered buying it. Two sources familiar with the takeover talks said that Great Bear generated significant interest from gold majors, including Barrick Gold Corp. The Globe is not identifying the sources because they were not authorized to speak publicly about the matter. Barrick did not respond to a request for comment. Some analysts believe there is a fair chance that competing bids will also emerge for Great Bear. “We do believe there is interloper risk,” Scotia Capital Inc. analyst Tanya Jakusconek wrote in a note. She singled out Barrick as a possible bidder, pointing out that CEO Mark Bristow has repeatedly said he wants to grow the company’s presence in Canada, where it has only one mine. Well-followed mining blogger IKN also speculated that continuing price weakness in Kinross shares could create an opportunity for Barrick to acquire Kinross at a discount. “I’ve heard that hypothesis,” Mr. Rollinson said. “We feel we’ve got a tiger by the tail here. Beyond that, I just don’t want to speculate on what Barrick might do to us.”
Despite the significant execution risks that swirl around Great Bear, Kinross was far from the only large gold company that considered buying it. Two sources familiar with the takeover talks said that Great Bear generated significant interest from gold majors, including Barrick Gold Corp. The Globe is not identifying the sources because they were not authorized to speak publicly about the matter. Barrick did not respond to a request for comment. Some analysts believe there is a fair chance that competing bids will also emerge for Great Bear. “We do believe there is interloper risk,” Scotia Capital Inc. analyst Tanya Jakusconek wrote in a note. She singled out Barrick as a possible bidder, pointing out that CEO Mark Bristow has repeatedly said he wants to grow the company’s presence in Canada, where it has only one mine. Well-followed mining blogger IKN also speculated that continuing price weakness in Kinross shares could create an opportunity for Barrick to acquire Kinross at a discount. “I’ve heard that hypothesis,” Mr. Rollinson said. “We feel we’ve got a tiger by the tail here. Beyond that, I just don’t want to speculate on what Barrick might do to us.” Despite the significant execution risks that swirl around Great Bear, Kinross was far from the only large gold company that considered buying it. Two sources familiar with the takeover talks said that Great Bear generated significant interest from gold majors, including Barrick Gold Corp. The Globe is not identifying the sources because they were not authorized to speak publicly about the matter. Barrick did not respond to a request for comment. Some analysts believe there is a fair chance that competing bids will also emerge for Great Bear. “We do believe there is interloper risk,” Scotia Capital Inc. analyst Tanya Jakusconek wrote in a note. She singled out Barrick as a possible bidder, pointing out that CEO Mark Bristow has repeatedly said he wants to grow the company’s presence in Canada, where it has only one mine. Well-followed mining blogger IKN also speculated that continuing price weakness in Kinross shares could create an opportunity for Barrick to acquire Kinross at a discount. “I’ve heard that hypothesis,” Mr. Rollinson said. “We feel we’ve got a tiger by the tail here. Beyond that, I just don’t want to speculate on what Barrick might do to us.” Despite the significant execution risks that swirl around Great Bear, Kinross was far from the only large gold company that considered buying it. Two sources familiar with the takeover talks said that Great Bear generated significant interest from gold majors, including Barrick Gold Corp. The Globe is not identifying the sources because they were not authorized to speak publicly about the matter. Barrick did not respond to a request for comment. Some analysts believe there is a fair chance that competing bids will also emerge for Great Bear. “We do believe there is interloper risk,” Scotia Capital Inc. analyst Tanya Jakusconek wrote in a note. She singled out Barrick as a possible bidder, pointing out that CEO Mark Bristow has repeatedly said he wants to grow the company’s presence in Canada, where it has only one mine. Well-followed mining blogger IKN also speculated that continuing price weakness in Kinross shares could create an opportunity for Barrick to acquire Kinross at a discount. “I’ve heard that hypothesis,” Mr. Rollinson said. “We feel we’ve got a tiger by the tail here. Beyond that, I just don’t want to speculate on what Barrick might do to us.”