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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 Sclarda2on Feb 13, 2024 12:43am
125 Views
Post# 35876823

RE:RE:RE:Statement of Personal Nature

RE:RE:RE:Statement of Personal Nature
ARGONAUTGOLD wrote:
Indeed, sentiment can significantly influence stock prices. This is often seen in the case of startups or exploratory companies where the potential for future earnings drives investor sentiment and, consequently, the stock price.
 
I have a significant investment in the company, which is why I frequently discuss it. I believe that’s reasonable. Regarding the personal criticism, you were bullish just last week, but now that the market has dropped slightly, you seem to be doubting your previous analysis? Weren’t you recently suggesting that the imminent cash flows of the company make the current market price a bargain?
 

Where in my post did i state that i am doubting my investment in AR?   I am bullish as are many but it does not mean that we have a 100% guarantee with this or any other stock. There have been many times that i have been bullish on a stock and should have listened to the so called bashers who ended up being quite right. Its always good to hear different points of view as sometimes they are not really bashers but realists. 

Your post shows who is really doubting themselves. My post was quite bullish saying i believe that in time with Magino humming along shareholders here will be very happy.  According to you i am doubting my  investment because i said that there is always a possibility that the bulls here are wrong and time will tell who is right and who is wrong. Sounds like being realistic to me. Your problem that i  have seen often before and  used to do it myself in the past is that you have bought heavily into this stock and are very nervous as the shareprice goes nowhere but down and you are trying to basically force the shareprice to go up by posting here. I heard thats how Bufet made it big.

Having been in gold stocks for many years i have learned the hard way what to look for and AR at this price seems like a very good risk to me. It takes time and a lot of money for a new mine to be built and Magino is now going good. They also just raised another bunch of money.  It will likely take a few quarters of good production and profits for the markets to start to believe in AR  after all the dissapointments of the last few years.

You have to decide if you really trust yourself and believe in this company or not. If you dont sell out and move on if you do forget about the bashers and stop watching the stock daily. Forget about it and get busy in your life instead of wasting a lot of time here. Check on it every so often. 

Whats going to happen is going to happen no matter how much you try to change it. All you control is if you buy or sell shares.

A guy named Jessie Livermore said it best.   

"It was never my  thinking that made me the big money for me. It always was my sitting. Got that my sitting tight."

"Men who can be both right and sit tight are uncommon." 

Aint that the truth.
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