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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

Post by Phatboy2on Jul 06, 2020 9:19pm
395 Views
Post# 31231739

Magino

MaginoLots of traders on this blog so I can understand the handwringing over the financing. For the rest of us who are investors, it’s another step in the long term strategy of taking AR’s stock price into the double digits. I see nothing but positives in this move. I suspect the Magino drill results were flashed to the Investment group because there is no way they forked over $43 million without some insights that we’re not yet privy to. Especially true on a stock that’s just hit new 52 week highs without any real news, other than the merger, to propel it. We should see those drill results soon, but they’re so long coming I’m starting to wonder if they using a rubber mallet to break the rock. 
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