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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 okgonowon Feb 01, 2024 1:04pm
77 Views
Post# 35857474

RE:RE:RE:RE:RE:RE:RE:RE:RE:Mystery of Argonaut Gold

RE:RE:RE:RE:RE:RE:RE:RE:RE:Mystery of Argonaut Gold
ARGONAUTGOLD wrote:
Indeed, why do I hold this belief? Let’s begin with your hypothetical scenario where the total number of users who read the posts is between 50 to 100 per post. Assuming that these 50 to 100 individuals all purchase stock on the same day at a rate similar to mine. This leads to a collective purchase of between 12,500,000 and 25,000,000 shares in one day. If there's a surge of 25,000,000 shares in one day, this would indeed exceed the 30-day average volume by a significant amount (986.95%). According to basic economic principles, if demand exceeds supply, the market price would increase.
 
Regarding the construction costs of the Magino project, I think it presents a compelling reason to consider investing at this time. The $1 billion mine has already been financed by individuals like yourself. This offers investors the chance to secure an interest in Magino Gold, the flagship mine valued at $1 billion, as well as Florida Canyon and Mexican assets. Furthermore, they stand to gain from the revenue generated from the sales of Ana Paula and San Antonio. All of this is available to you, and the cost is only $332 million, which represents just 33.2% of the Magino construction costs.

he will have no reasonable answer to these very reasonable points you just made Argo.

in the mean time buids are slowly building at $.40 ........

someting is up

we will see
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