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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 PaychancePayson Mar 08, 2024 9:51am
111 Views
Post# 35922482

RE:RE:RE:Some Predictions for AR for 2024.............

RE:RE:RE:Some Predictions for AR for 2024.............You do realize high interest at high debt levels causes more inflation the higher the debt levels rise, do you not? You do realize interest payments on the debt are quickly approaching the largest budget item on the federal balance sheet, do you not? This is banana republic status. How will Trump being elected fix this?Trump may be a boon for stocks initially, but he has shown zero desire to cut spending at any time, so how does this help to lower the gold price? You think the U.S. can continue to keep rates higher for longer, continue to grow deficits and trade imbalances year after year but by some magic formula only you're aware of the gold price goes down during this? I'm still not seeing what fundamentally changes with Trump to bring gold down. Additionally, if it's like you say, and gold miners can't make profits as easily as before, where does the supply of gold come from? I appreciate you taking the time to actually respond but your explanations still make no sense to me, as it goes against everything Trump has done when in power previously.
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