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Argonaut Gold Inc ARNGF


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

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.


TSX:AR - Post by User

Comment by ARGONAUTGOLDon Apr 29, 2024 11:07am
37 Views
Post# 36012650

RE:AR board

RE:AR board
Sclarda2 wrote:

Isnt it funny how those who are the biggest backers of AR  on this board seem to find the need to patrol these boards all day everyday even on the weekends to argue with any opinions that run counter to there own. 

These actions lead me to a few conclusions about these people.

1   They are very insecure and not at all sure of there position and get emotionaly triggered when someone disagrees with them.

2 They are emotinally imature and not able to deal with the girations of a stock price especially in these volatile junior miners. Maybe a nice 5% GIC would be better for them.

3  They have some kind of a god complex where they actually seem to believe that there pumping posts will raise the shareprice of this stock. You would think as the AR shareprice has gone from $4 to 22 cents in a couple of years they would understand what they post makes no differance except to there inflated egos.  In short despite all there talk they are very insecure people.

In the long run the performance of this or any stock will be determined by how the company performsa and AR of the last few years has been and continues to be a total disaster. If the banks loved this company so much why are they only extending the covenant waiver for a week at a time?  Why arent they throwing money at AR?

Magino is a good project bulilt by a broke company. Despite that we are now at the mercy of the banks. As the pumpers fail to ever mention if the company does not get more extensions on the covenant waiver they are in default and have to repay all loans immediately. As AR hasnt got the money they would go broke. Is that going to happen?  I dont know probably not but am i willing to invest in a company in that position when there are so many others that are in a much better financial position.

For that reason i have reduced my position by a lot. If things go bad my loss will not be as great and if they go good i still hold some shares and would rather pay more when i know the company has solid financing in place for several years ahead not this mickey mouse b.s. they have done for years.

Good luck to all even those who study every word in the ndas. 



After the stock price fell 50% past your average down to C$.21, you, Sclarda, began telling everyone how much you despise the company. On March 09, 2024, you then began to tell us that you’ve ‘reduced’ your position and started discussing a 5% GIC for 2024, while the stock was trading in the C$.20s.
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