GREY:NWMMF - Post by User
Post by
eduardo12on Nov 17, 2012 6:34pm
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Post# 20614302
Could Argonaut be the buyer?
Could Argonaut be the buyer? All signs point that way. John Van De Beuken was only hired to get the mine running into commercial prodction. The new technical team have proven capabilities (especially mining in Mexico) and is very exciting for this company.
Argonaut Gold Golds holds 4 properties and two producing gold mines:
El Castillo is their primary asset (84k ounces/yr)
La Colorada (18k ounces/yr)
They plan on expanding production eventually and making new acquisitions. Their goal is to reach 300k-500k in total (see their corporate presentation). They always had ties with NWM, hiring the new team makes it stronger. I'm sure they have an eye on NWM..
glta