Argonaut Gold Inc ARNGF

Primary Symbol: T.AR Alternate Symbol(s): T.AR.DB.U

Metals & Mining Gold

Argonaut Gold Inc. is a gold producer with a portfolio of operations in North America. The Company’s operating mines include Florida Canyon, Magino, La Colorada and San Agustin. The Florida Canyon Gold Mine area is situated in northwestern Nevada within the Basin and Range physiographic province. The Magino mine property is a past producing underground gold mine located 40 kilometers (km) northeast of Wawa, Ontario, approximately 14 kilometers southeast of the town of Dubreuilville. The property consists of seven patented mining claims, four leased mining claims and 69 unpatented mining claims totaling 2,204.495 hectares. The past producing La Colorada gold-silver mine property is located approximately 40 km southeast of Hermosillo, Sonora State, Mexico. The San Agustin property consists of four mineral claims totaling 1,065 ha and is located in the northern San Lucas de Ocampo Mining District.

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Argonaut Gold Inc > AR is hurting!

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Comment by Sclarda2on Apr 27, 2024 9:44pm

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Post# 36011307

RE:RE:AR is hurting!

ARGONAUTGOLD wrote: Stop acting like you’re Chicken Little and just found out the sky is falling. Refinancing isn’t a new thing. The company mentioned the refinance at the end of Q3’23. After evaluating their books prior to the release of the Q3’23 financials, I already knew this was going to happen, as it was the company’s only option. The stock bounced in response to the company receiving term sheets from several potential lenders. After the completion of the refinance, the company’s funds and cash flows will be adequate to construct the expansion. I believe the market is beginning to price in the blue sky potential.

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A junior copper-gold stock trading at a bargain of monumental proportions