Lots of suggestions but we are all just speculating. Ironking - Your scenario makes the most sense to me. HG want to value the resource and get rid of the pesky AGS junior partner - all without having to reveal the details of the resource.
Mayfair - it is always wise to consider a "left field' option. Would it be too wild to suggest that both HG and AGS may have jointly negotiated to sell to a big player (e.g. Cameco)?.
AGS Price at posting:
21.0¢ Sentiment: LT Buy Disclosure: Held