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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

Comment by Phatboy2on May 08, 2021 9:32am
155 Views
Post# 33159453

RE:RE:RE:RE:Survey

RE:RE:RE:RE:SurveyFor example from April 15 to 30, approx 500,000 shares were shorted - essentially sold into a price rally. That makes no sense unless somebody is hell bent to lose money ... or has another motive.  Generally stocks are shorted in weak periods, bad news or declining prices - not price rallies. My best guess is the relentless shorting is pressure to force management to accept some type of buyout deal or force a marriage of companies. Alamos would fit that profile because of Magino's proximity  to their mine. Anybody care to venture another explanation? 
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