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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 Funex4ton Feb 09, 2024 3:10pm
216 Views
Post# 35872937

RE:RE:where

RE:RE:where

I would like to believe it's weak hands, but this relentless pressure to the downside has been happening for too long now..And I can't believe at these prices it's just AR not performing...

There must be something else in the gold and silver commodities story.....

The gold and silver contracts, I am led to believe, exceed the amount of deliverable gold and silver available.....which allows trading to occur outside of fundamentals....

If that is actually true, that in itself allows for manipulation.  Probably there is always some degree of questionable practice, after all everyone is in this game to win.....but gold is near all time highs! Indicating stronger demand than number of issued contracts!!

So who,is benefiting from destroying gold and silver stock prices?  And possibly being responsible for driving some companies out of business?

Is it rival companies?  Governments? Countries?  Or just another wolf of wall street?

Is the a plantry to create a Bitcoin situation of only 21 million coins by eliminating all gold production?

 



 

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