1. New company would like to off load gold resources and be part of new entity. 2. New company would like to purchase all the reserves from either DGO and/or AGS - although AGS have not made such announcement - which would lead one to believe this is not the case. 3. New company would like to be financially involved somehow - discount shareholder?
At a guess I feel 1) is the most likely scenario! A small company with limited cash sitting on a nice little gold reserve would like to join forces and be part of the larger entity. AGS I think is sitting pretty with the capabilities of processing all the gold.
My 2 cents
Regards
Zip
Could be interesting.
Regards
AGS Price at posting:
83.8¢ Sentiment: Buy Disclosure: Held