RE: RE: AGL - Arranges another PP !!
I hope you're right-look for a fast approval of this second PP by the TSX and a quick closing-after that I think you could see a nice gap up as there is not much stock out on this company-Less than 13 million shares.
The stock hasn't been over 60 cents since 2002-8 years ago- and last traded over 30 cents about 3 years ago.
They talk in the MD&A report to shareholders about JV'ing the Gold property in Peru-which they have been slowly working on to resolve some issues with the indigenous people in the area.
I can't help thinking they must have been making some progress to go out and raise these PP funds and I know some of the directors of AGL are on the Board of AAG which just did a $15 million "Bought Deal" financing on their PERUVIAN GOLD PROPERTY-perhaps I am connecting too many dots here but it does make sense to do a JV with a partner you know who has some financial muscle.
Just MHO-but there is definitely something cooking here!!