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Argonaut Gold Inc T.AR

Alternate Symbol(s):  T.AR.DB.U | ARNGF

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

Bullboard Posts
Comment by invest234on Mar 06, 2020 4:58pm
63 Views
Post# 30777612

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Can AR deliver ?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Can AR deliver ?management can't directly control what the shorters do. what they can do to affect the share price is to do a share buyback or issue a dividend. but first that requires generating more cash which is what they are in the process of doing. by the end of the year they might have enough cash to buy back some shares if the share price is still so undervalued.
or they can use the cash to build one of the low cost projects. new investors would see the coming increase in production at low cost so the new investors would buy shares based on that growth which would increase the share price. the shorts would have to let go or lose money on their short position.


greendayyyy wrote: I talked about splitting to show you that it's up to management to do the right things for shareholders. It is not up to investors like us to find a way to raise the share price. This is why I criticize the management.


Bullboard Posts