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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

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Comment by whatdoyouthinkon Jun 03, 2020 4:22pm
135 Views
Post# 31108581

RE:RE:RE:RE:RE:RE:RE:RE:RE:I really like this Magino Deposit.

RE:RE:RE:RE:RE:RE:RE:RE:RE:I really like this Magino Deposit. I am in contact with all the companies I am invested in on a regular basis, talking with different people, participating in the quarterly calls etc. In addition, I talk with other well informed third parties. From what I heard, Argonaut will more likely sell it, if they can, and the price is right. I am invested in Torex as well, they are close-by and have tons of cash flow, They might be interested. But maybe too small for them and they have another bigger mine to build already with significantly more exploaration potential. 

I made several trips to West Africa in the last years and are invested in several companies. I think investing in Ghana, Ivory Coast and the right parts of Burkina is actually lower risk, especially in terms of permitting. I sleep much better with my investments in that region. They are all doing well, and I have limited negative surprises. However, there are a lot of places in Africa where I will never invest. 





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