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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 Goldnorteon Apr 01, 2024 4:37pm
179 Views
Post# 35963653

Keep faith AR investors.

Keep faith AR investors.The way AGI traded today gives me the impression that Alamos investors are not all that confident in the company's bid.  They like many are anticipating a rival bid for AR.  As for the run up in AGI shares, it can be very easily explained.  On February 21st they released very good earning which added to their value.  The only drop in AGI shares I anticipate is the 5 or 6 % rise that they had as a result of their purchase offer for AR.  If, if , if the world money markets are built around them.  IMHO
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