Post by
SolomonGrundy on Apr 19, 2024 2:21pm
i buy with my life savings at 43 cents
i max out my line of credit to buy AR shares at 43 cents.
why go down now when gold up
SolomonGrundy doesnt understand.
am i dum
SolomonGrundy
Comment by
Yanner911 on Apr 20, 2024 9:06am
Ar is an agi proxy now. Gold price does not effect ag price. Only ago does.
Comment by
Yanner911 on Apr 20, 2024 9:09am
Dang so many typo sorry. Ar.t is a agi.t proxy. Agi does down ar goes down. Alamos at 30$ would mean ar at 0.49.
Comment by
okgonow on Apr 20, 2024 10:26am
your math is a bit off Alamos at $30= Argonaut at $ .5555+ spinco( whatever's that's worth)
Comment by
Yanner911 on Apr 20, 2024 11:01am
You are probably right. Isnt 0.55$ minus spinco tho?
Comment by
Yanner911 on Apr 20, 2024 11:19am
So atn ar is at 0.415 and the market is pricing that spinco as no value. I might be wrong haha.
Comment by
Goldnorte on Apr 21, 2024 8:11am
43 cents help me reduce my shares dramatically.@ If it get@s to 45 I@m totally out.@ I am one of the lucky ones as AR proved to be a winner for me, hope some who are in the loss column@ recoop there losses through the new Spinco company.@ Moved on this week, NGD, RGD, SEA, and ABX.@ I beleive Gold/copper producers will outpace the most gold companies in the futur.@ My opinion only.@ Good luck all.
Comment by
Robert88 on Apr 21, 2024 4:09pm
Good for you.. !! Likely no one cares but I am happy for you... LOL