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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 ARGONAUTGOLDon Mar 09, 2024 2:02pm
167 Views
Post# 35924592

RE:RE:RE:RE:RE:RE:RE:RE:Anyone else guessing $50 million at .25 cents coming soon?

RE:RE:RE:RE:RE:RE:RE:RE:Anyone else guessing $50 million at .25 cents coming soon?
The CEO literally said, ‘Refinancing is to take the banks out.’ He never said anything along the lines of ‘Banks don’t want to lend the company money.’ You just made that up and, for whatever reason, decided to post the conjecture on a public forum. That isn’t very responsible.
 
Nonetheless, trying to downplay the difficulty of acquiring a multi-million dollar loan, acting like because the company is going through a private lender that the banks don’t want to loan the company money, is just ignorant. The private lender offers fewer regulations, which is why the company is going to obtain a loan through a private lender, to meet their cash flow and growth.
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