Post by
Phatboy2 on Jul 06, 2020 9:19pm
Magino
Lots of traders on this blog so I can understand the handwringing over the financing. For the rest of us who are investors, it’s another step in the long term strategy of taking AR’s stock price into the double digits. I see nothing but positives in this move. I suspect the Magino drill results were flashed to the Investment group because there is no way they forked over $43 million without some insights that we’re not yet privy to. Especially true on a stock that’s just hit new 52 week highs without any real news, other than the merger, to propel it. We should see those drill results soon, but they’re so long coming I’m starting to wonder if they using a rubber mallet to break the rock.
Comment by
Triggerman on Jul 06, 2020 9:56pm
No warrants .... this is an incredible financing ! It means Magino will be developed and built. It means we will be a true mid tier producer with long life , lower cost mines. I follow a lot of gold names , Argonaugt is undervalued , big time. The market looks at the future , not just next week.