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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 28, 2024 11:10am
112 Views
Post# 35903854

RE:Lots of Crazies...& delusional folks

RE:Lots of Crazies...& delusional folks
mrmomo wrote: On here, so please my dear friends......listen carefully to what i havev to say...and please... DO NOT LISTEN to anything some of these crazy, misinformed, delusional & questionable kooks say on this forum, who are "purposely" promoting this stock. Like this misinformed (or maybe he's really selling you some very expsensive snake oil on purpose for a motive!) character below, who made this VERY false & CRAZZZzzzzy statement.....

goldprospector wrote:
"It'll turn around with better mining techniques"


This probably one of the craziest things i've heard in some time in the Canadian mning sector for precious metals. And not only is this completely false, untrue......anyone who REALLY beleives this B5 and sticks around holding the company's stock solely for this craxy reasoning, not only DESERVES to lose his/her monies.....but you truly deserve the fate that awaits you! I mean seriosuly folks, a Jehovah witness ringning at my door could probably put up better arguments to convince me to change faiths.........than this B5 above!

So unless you want to really lose all your investment here, please DO NOT listen to folks like this misinforming the public being bearers of false hopium. Because if you beleive this, as it seems many do with a CRAZY 8 upvotes for this bat5hit crazy post as i write this, then i have some nice water front properites to sell you in Arizona.....for a good price as well......

This isn't a technical drilling problem, it's a mgmt & cost issue here. So unless they get better, more XP'd folks to manage the company and gold gets closer to $3000, because the AISC are completely crazy here......then thisreally has NO shot at ever taking off or being profitable for anyone! Especially the s/h! And that's the PURE, unadulterated turth folks......no lies or hidden agendas here my friends....

To prove to you this is the case, just look at how many times i called this right and just for HOW long i was absolutely on target on everything here. Is it really worth the risk, hopiing i'm not thid time around? Probably NOT. So unless you want to listen to crazy folks like Mr. Goldprospector and lose money in the end, most of your money that is, there's really only one reason to stick around &&hold this company's stock at this moment. A buyout at higher levels and that's it!

So what are the chances that happens? Probably vERY low at this point in time UNLESS golks moves closer to $3000. And what;s the likelyhood of that? Probably just as low. There's probably a better chnace of Bitcoin going ot $500000 than gold going to $3000 in the time span we're talking about.

What will happen here, as i correctly called it 100% right so far btw, is IF NO buyout comes in the next 12 months, they will consolidate the company's share structure, or for you laymen's out there this would be the good ole & popular RS, then they will rinse & repeat with a whole new batch of freshly minted s/h .....AND try again from scratch. Of couse, the old s/h will be completely wiped out .....of course...

That's the MoMomyster's two cents worth........which is the Gold Standard for 2 cent commentary.......8)....take it or leave it at your own peril!


GLTA





first the ASIC only sucks at this point because for some reason they have included the one time cash costs for the building of the leach pad at Florida canyon and Tailings management at Mangino. 


and for your other point that not sure he mentioned anything about the technical drilling but he certainly said that they have to improve mining procedures, get production rates up and optimize recovery
that will make a difference regarding AISC. 

of course the incresed cost of labour dosent help either

their estimated AISC is $1950-$2050 for 2024 Gold right now is sitting at $2043 so we are at break even now

we all know gold will rise with interest rate cuts in the short tearm
the leach pad at FC wil lower AISC
selling Mexican assets will reduce Debt and possibly help AISC 

so i see more positive things in Q3 and Q4 ahead resulting in SP increase

your making it sound like there is no hope and AR shares are not worth anything ....Not true!!!
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