Unlikely they would do a placement prior to releasing results,...

Unlikely they would do a placement prior to releasing results, especially considering they have over $8,000,000 cash in the bank - more then enough to drill a lot more holes.... or to initiate the process of digging dirt out of the ground!

Plus with 3,121,056 shares traded in the last week (including the very low sum of 50,000 today) or an average of 445,865 shares per day the 800,00 is but a drop in the ocean.

Maybe (and likely) Cook knows or has a very good idea what the new drilling results and mining studies will say and saw a good opportunity to top up and help protect AAG against a take over a hungry gold producer that needs to increase their resource... plenty around.

I really wouldn't surprised is Cook caught wind of someone sniffing around AAG and started some defensive moves.

Just my thoughts for the evening.