Market says there will be an increased bid:  At 50% 4.65 cash, plus 50% AGI shares @14.90 makes the implied value of the offer 4.40/share, yet the stock trades at 4.55.  Furthermore this is currently a hostile offer without the blessing of managment, and though some major holders were "supportive", they have not yet entered into support agreements... a very important distinction.  Finally, as of yesterday, the average of 11 analyst targets was 5.65, a full dollar higher than the offer price (http://www.4-traders.com/AURIZON-MINES-LTD-1409063/consensus/).  It may take a few weeks, but I would be shocked if the deal went through as-is.  Holding.

Cheers,

Pin. :)