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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 Calgary_ABon Jun 20, 2022 2:53am
84 Views
Post# 34768071

RE:RE:RE:RE:RE:RE:RE:RE:13 million share cross on Friday

RE:RE:RE:RE:RE:RE:RE:RE:13 million share cross on FridayI don't need any respect...I don't post to get respect from anybody, I post my opinions that's all.

I said un-finished projects due to financial are most of the time being taken advantages of, projects that are finished and operational get the full or even over price...stopped projects don't IN GENERAL...especially if the budget is the reason.

Financing is getting tighter every day, inflation screws up all budgets including the Feasibility study, almost everything is upside down...fuel more than double, shipping triple or more, metals and other materials more than double...yet gold lost $100....going to have to increase salaries otherwise people rather stay home...

All that affects the budgets and stability of any project including the potential buyer...when things are good the big guys over pay to keep up with their reserves, when things are bad they also have financial problems just like the small guy.

I am not saying AR is a bad project or that it can't be done or not worth it as AR is one of the most undervalued out there...but you can't not take in consideration the CEO departure, insiders liquidating their shares at low price, short selling, Mexico being Socialist anti mining can and will affect the producing and the other developing projects in Mexico...

I never understood why people immediately blame the “shorts” or the insider selling rather than try to find out the reasons of why they do it.  Those things combined is a big tell that things are not as rosy as you want it to be…. these things can kill a company
 
and that’s how Vanguard and Black rock gets to pick up good projects for next to nothing…as soon as these 2 are in, the permits start getting approved…can you see it yet?

If you think the Agenda 2030 “you’ll own nothing and you’ll be happy” is just a joke, I suggest you have another look around you…



Phatboy2 wrote: If you want respect for your posts then don't pull things out of your a s s. You stated that deposits that aren't fully completed, like magino, are worthless. That is complete and utter b s. You also stated the shorters who hold approx 17 million short shares know more about what's going on with the company then the rest of us who hold the remaining 350 million shares (this includes all of the management board not named Dan Symons). And you're indignant when somebody calls you out on your posts. Now that's brassy.


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