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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

Post by okgonowon Apr 01, 2024 3:02pm
93 Views
Post# 35963433

also anyone

also anyonethat is upset that they are beond underwater on their investment has no one to blame but themselves

if you did not have a stratagie going in what to do in the event things dont go exactly to plan and what to do if they dont then investing in equities, especially goldminers is not meant for you.
9 out of 10 times in mining things go south.
BTW its just as important to have a good exit stratagie if things work out!

So if you really belived in AR and the Magino mine and it being a good investment you hould have had a average down stratagie in place, with even a rudementary one you would be close to breaking even now ( i posted something last week showing even on buying at $2 with a double in investment you would be sitting at a $.50 average)

or scenario 2 you bought on spec and things started to go south you sell your position at a max 10% loss or whatever you are comfortable with and move on!

it sucks loosing money i get it but no one forced you to invest in AR
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