i don't think the two are related. i mentioned this yesterday in the sso forum:

http://agoracom.com/ir/SilverStandar...

the san agustin property isn't very high in the pecking order for silver standard. when they are done building the pirquitas mine, san luis and pitarrilla will follow, and then my guess is that diablillos would come next.

while losing san agustin is very bad for geologix, it has a much smaller impact on silver standard. it's just an example of the rich getting richer. sso optioned that property as a gold/silver project, and geologix spent the better part of two years proving up a large polymetallic deposit with substantial zinc and lead, only to lose it because they couldn't come up with $34 million.

mostly likely if sso issues more equity it will be because they are on the acquistition trail, to take advantage of more opportunities like this, to buy properties at distressed prices. i will ask the company, but i'm not sure how forthcoming they will be.