RE:RE:RE:RE:Unbelievable Bargain: Argonaut Gold Up for Grabs! Intraday fluctuations in the stock market are a daily occurrence. The appropriate time to sell would have been when the stock begun to plummet due to the announcement of cost overruns that would necessitate substantial funding. The mine has been constructed and paid for, it’s commercially operational, and yet you’re now showing signs of selling? From my understanding, you purchased shares when the stock was trading around its all-time average price, roughly $1 below the 10-year high of $4. Now that the stock is nearing its all-time low, you seem to be adopting a bearish stance. The principle of market logic recommends buying at a low price and selling at a high price. It appears that you’re anxious, which is understandable, but not necessarily logical. My estimate is that this situation could last a few more months, or possibly even a year. Personally, I don’t find it bothersome to own one of Canada’s largest gold mines, among others.
In my view, your judgement seems flawed, and you’re not presenting an analysis but rather a conspiracy theory. Your stance reminds me of a Y2K believer.
Additionally, I’ve already shared information about several other gold mines, most of which are located in Ontario and cost $1 billion or more to build. You should have realized by now that the construction costs for gold mines can be substantial. The Greenstone project, for instance, will cost close to $1.3 billion. That’s just the way it is. No offense intended.