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Argonaut Gold Inc T.AR

Alternate Symbol(s):  T.AR.DB.U | ARNGF

Metals & Mining Gold
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

Argonaut Gold Inc > 42 cents?
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Comment by Funex4ton May 24, 2023 10:22pm
127 Views
Post# 35462995

RE:RE:RE:RE:RE:42 cents?

RE:RE:RE:RE:RE:42 cents?I think it would depend on whether they sold any gold forward from Magino.   If they did then they will want the gold price to drop until they get underway. Otherwise they will have to, or are currently buying on the open market to deliver on contracts.

AR desperately needs cashflow, so everyone and every measure will be taken to push for first gold.....

I imagine a lot of pressure is on the entire start up team at the moment.....

There is one unknown...the gas plant....not sure what the status of that is...and the impact of it not being available.....does anyone know?
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