Argonaut Gold Inc T.AR.DB.U

mexican assets...to heliostar

[GnR]

hello, why are they selling these assets for so little?
am i missing something?

[okgonow]

where do you see that??

[Tim2Agami]

https://stockhouse.com/news/press-releases/2024/07/17/heliostar-to-acquire-gold-portfolio-of-producing-mines-and-development-projects https://stockhouse.com/news/press-releases/2024/06/21/heliostar-announces-initial-closing-of-4-5-million-offering-with-lead-order-from

[satuple]

They're not selling those assets, they're giving them away almost for free. 

[Tim2Agami]

Strategic Acquisition of former Argonaut Gold Assets in Mexico - transforms Heliostar into a gold producer with a robust development portfolio Expanded Asset Base- adds two producing mines, the San Agustin Mine and the La Colorada Mine, and two advanced development projects to Heliostar's portfolio Increased Resource Base - Heliostar's measured and indicated resources

[okgonow]

from other forum one of those mexican assets (San Antonio) was already optioned to Heliostar. let's call this a give-away, but not to the good of the shareholders of (formerly) AR... up to US$150m option payments sold for only US$5m AND additional assets for free... looks like continued slaughter of AR, throwing away for nearly free all other assets.

[psych01]

Folks, it's hard to admit to being scammed, let's just leave it at that.  AR became a scam, Florida Canyon will dilute several times as they use victims money to prepare it for sale and voila the scheme is consumated.  We got took, it happens.  IMO

[okgonow]

I totally agree with you psy.... just glad I got out of my FC yesterday  BTW everyone can call their broker and trade their FC shares it just had to be done with a phone order ...worked with CIBC anyway.  at this rate they will have the FC mine sold for another 20min tomorrow and then just pay everyone out with the 25 million from the yard sales. GLTA

[HoldYourStocks]

But how can it be legal? Why doesn't anyone sue him?

[psych01]

Richard was hired to sell AR---hindsight blah blah;  what makes this scheme a scam is that anyone who's been doing this for a while knows that Richard's rhetoric in interviews, for instance the outrageious video where he says that AR could go to $4 'probably' occurred during a time when he was talking to AGI about conditions of sale of AR to them. Scam artists are not stupid

[HoldYourStocks]

I can see that FCGV (Florida Canyon) is trading, but they have not given me my FCGV stocks yet. How about you guys?

[grampax5]

I have mine just trying to figure out what to do with them? Sell or Keep any thoughts

[slingshot14]

Was just wondering if everything was converted like you expected???

[Funex4t]

I still have not had my TD account updated. I phoned TD and they are waiting for Alamos to issue the shares. They said it was takin* longer than expected. TD said anyone who has been able to sell there shares is only able to so if the brokerage is willing to a carry the trade and the risk of not getting paid. TD also said the updates will not be completed until the 26th July!! So Alamos are