RE:Why this deal bothers megcm may have planned to do what you suggested, increasing value and delaying the full acquisition of goldx by buying smaller amounts using cash. but then the gold price was moving up to $1700 which made all the miners move up. then svm came in with a buyout offer of guy which forced their hand. if gcm waited longer, the gold price could continue to go up and goldx would become more expensive, and svm would have bought guy and they would have lost that synergy. the saying goes, you snooze, you lose. this may be the right time for merger if they ever were going to do that because of svm making the move now.