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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 ARGONAUTGOLDon Feb 06, 2024 2:45pm
92 Views
Post# 35865882

RE:RE:Argonaut Gold

RE:RE:Argonaut Gold
You literally just reiterated the same concerns. That is insane. You clearly don’t do any due diligence because if you did, you would have the answer to the question you just asked. You previously stated you don’t trust the company as they aren’t a reliable source for information. Why are you even here? I’m not going to conduct DD for you. The company mentioned several goals to reach in order to be sufficiently funded for 12 months and beyond. They accomplished almost every one of the goals except for one. The fact that you didn’t mention the last goal tells me you don’t do due diligence, but are bored and like sharing your personal opinion about a stock which you assumably don't own.
 
Furthermore, let it be clear that consolidations necessitate the company to announce a meeting, conduct it, and secure shareholder approval. This process typically spans around 3 months. The company has never broached the subject of share consolidation, so any notion of it seems to be a figment of your imagination. Despite the number of outstanding shares, the company successfully financed the construction of a gold mine valued at $1 billion. This is a significant point to consider, which you clearly haven’t. The mine is already constructed and in commercial operation. Proposing a share consolidation at this juncture for the purpose of securing funding portrays a dearth of wisdom.
 
Finally, please stop trying to disseminate fear, uncertainty, and doubt. Your repetitions are becoming quite bothersome.
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