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Argonaut Gold Inc T.AR

Alternate Symbol(s):  ARNGF | T.AR.DB.U

Metals & Mining Gold
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

Argonaut Gold Inc > POG now at $2379 US
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Comment by Funex4ton Apr 09, 2024 5:35pm
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Post# 35980046

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

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

As I said inferred in an earlier post. I really think some of both companies management are hoping for the price of gold to drop to make this deal more acceptable.

If the price of gold continues to rise or even stay where it is... this will be a difficult situation to explain without getting a lot of serious questions coming their way...

I am just really surprised that Alamos have not sweetened the pot, just a little, to tilt this deal in their favour..

It would have been of little consequence to them and huge for AR shareholders.



 

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