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Bullboard - Stock Discussion Forum 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... see more

TSX:AR - Post Discussion

Argonaut Gold Inc > 23 cents support is in the cards
View:
Post by SHEEPBAAA1 on Mar 12, 2024 11:31am

23 cents support is in the cards

the longer management keeps people waiting for financing news. this
stock price is headed back to 23 cents. It will go down on gold price down
day and stable on a gold up day. overall not good for the stock price.


The Sheep
Comment by mckayk3 on Mar 12, 2024 12:05pm
what exactly happen here?  I'm a NCU refugee.
Comment by ARGONAUTGOLD on Mar 12, 2024 12:51pm
Excessive CapEx costs occurred due to the construction of Magino, plans to optimize and expand Magino, and plans to optimize Florida Canyon. Their gross and net profit margins in 2023 were over 10%. Expansion and optimizations should result in an increase in both gross and net profit margins. The company is also hiring contractors to handle operations at Magino, which is causing high OpEx. When ...more  
Comment by SHEEPBAAA1 on Mar 12, 2024 12:57pm
nobody is going to wait 2 years for this dog for aisc to go down. this is just a daytrading stock for another 2 years. buy low sell high get 20% gain. isnt that what everybody is doing thats why the volume is so high everytday. The Sheep
Comment by ARGONAUTGOLD on Mar 12, 2024 1:16pm
Everyone except for Sclarda. It seems as though the user lost $50k using the buy high and sell low strategy. The user can’t even recoup the losses because they only have $50k to reinvest in GICs, too bad. Hey, Sclarada, do you realize you just portrayed an approximate 50% return over 8 years? Isn’t that how much you lost? It’s not my fault you can’t reinvest the same amount because you lost 50% of ...more  
Comment by Sclarda2 on Apr 27, 2024 9:43pm
"Something tells me the man is going to get the job done."
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