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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 crazytimeson Aug 14, 2023 3:45pm
171 Views
Post# 35587616

RE:RE:Another one with Young

RE:RE:Another one with Young Thanks for posting Lifexprt. Very informative interview. My takes of the interview is I like the potential upside to production in a few years, but $75 million US to get there at Magino is more than I thought it would be. I don't like another potential covenant breach requiring another waiver by the end of the year that may be gold price dependent? I like the potential sale of the Mexican assets if they bring in a descent payday but not if we just dump them with maybe future potential like the heliostar deal. Florida Canyon also seems more complex than I had hoped but again with another say (guessing) $100 mill or more there seems to be potential there? Bottom line, it would be great if gold could rally and provide some much needed cashflow and safety on startup and clear those covenants. It would also be great if Mexican ops could be more productive right now if even for the next 6 months. As for Richard the more I hear him talk, the more I like him! Just my opinion. Good luck to all. 
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