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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 Goldnorteon Apr 12, 2024 5:17pm
115 Views
Post# 35986736

RE:RE:The good news is....

RE:RE:The good news is....Crazy, respectfully speaking , there are very many interpretations on what is a bull trap.  For some investors a trap could simply be an over bought situation, for others an unsupported high in the market/gold/stock.  Obviously I was correct in my comments this morning as I sold most of my gold stocks and then saw a quick 5 to 10% decline in many of my holdings.  My feeling this will be short lived, as sellers will want to climb back in to this very volatile market. Just my humble opinion backed by 40 years of investing.  Good luck next week, as there will be some good buying oppurtunities.
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