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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 Apr 01, 2024 10:49am
83 Views
Post# 35962780

RE:RE:RE:RE:RE:RE:SpinCo

RE:RE:RE:RE:RE:RE:SpinCo
psych01 wrote: Let us consider then, if we read you correctly, how AR and Alamos conspired for months as to how best present a scenario whereby other suitors might come a calling to bidda bidda competing offers, uping the anti until voila, the jackpot!  AR might have, perhaps maybe floated that prosect to Barrick down the road, a couple of others----not the mega cap recently selling off Canadian properties that is for sure, so who exactly did you have in mind?  Stick a fork in it, this turkey is cooked.  IMO



no .. I think Alamo's and AR are not conspiering, i think Young is using Alamos and its offer as a Pawn to solicit a better offer by someone else.

again as opposed to going to all possible players that may be interested in an aquisition to ask for offers, all from a position of weakness. he gets one to make a low offer in hopes the others will say "not on our watch" 

if no other offers come in Alamos is paying fair value at this particular moment 

and with the increase in Alamos SP going forward ( hopefully ) AR hareholders reap the rewards in the upside as we are getting .0185 shares no matter what price Alamos is hopefully more than $18.45
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