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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 psych01on Aug 10, 2022 9:10pm
309 Views
Post# 34886972

Re:On a positive note!

Re:On a positive note!Fever--it could be worse.  As I posted earlier---if no new horrible information is in the NR, we should be ok.  The most important phrase in the NR imho is 'with the financing behind us'.  To me this denotes that there is at least some confidence that the financing that's been arranged will be sufficient to bring Magino to production;  I wouldn't bet the farm on that, but it could be the case.  The financials from operating mines are not exactly the greatest, but there is a net profit, not a net loss.  All in all rather boring, but boring in this case is good.  We'll see what happens tomorrow.  I predict SP .70 by end of Thursday.  glta  IMO
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