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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 crazytimeson Apr 09, 2024 4:59pm
56 Views
Post# 35979955

RE:RE:RE:RE:RE:RE:RE:RE:POG now at $2379 US

RE:RE:RE:RE:RE:RE:RE:RE:POG now at $2379 US life... do you think it was a coincidence I was calling for a $50 mill raise and that's exactly what they got and needed to get by???? I was running the numbers with each setback, accounting for the hedges, shutdowns etc. etc. Don't feed me sh.....t and tell me it's chocolate. This mine is special as it likely connects to alamos at depth. It will likely run more than 30 years and at higher grades. Who cares about waiting a few years to get the bugs ironed out. All the problems you are stating should of been wiped away with the rising gold price. If it was worth dollars a short time ago with a much lower share price, how can it be worth pennies now???? Do you have any idea how easy it would be to raise another $50 right now without any strings in this current gold market?? You could easily hedge the rest of production up here to offset the lower hedges and cover current AISC, interest payments etc. Unless you are saying all their numbers are garbage, even the rescent ones????? Just my opinion. 
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