Argonaut Gold Inc T.AR

Maybe time to replace Dan Symons...

[MikeySwoosh]

https://www.canadianinsider.com/company?ticker=ar

He dumped almost all of his common shares on May 17th. Great vote of confidence from the VP of corporate development and investor relations. That said, I'm surprised he was even able to given the management team and BOD must have 'material' information with respect to the state of financing or progress on strategic alternatives. I think if you read the tea leaves, Dan Symons days may be numbered. Anyway, GLTA.

[rvirdi6394]

That's strange.

[MikeySwoosh]

Management Changes Argonaut advises that Dan Symons, Vice President, Corporate Development & Investor Relations has resigned from his position to pursue other opportunities. A search for a replacement is in progress. Larry Radford, President & CEO commented "With more than six years of service, we want to thank Dan for his contributions to the growth of Argonaut Gold."  

[feverish]

I guess he had an inside track on the cost overuns how right is that?  1 month before the official announcement.

[Phatboy2]

Since his departure (which I predicted) shorts have fallen from all time highs to all time lows. Coincidence?

[MikeySwoosh]

Not only the cost overruns, but the tremendous dilution that was in the pipeline as well. I would certainly hope that he gets audited. The timing was pretty unsettling.

[Patriot]

He was resigning and they convinced him to stay on longer .Maybe you know it alls shoudl do a little more research before shootin of your mouths and looking like idiots.You should have been buying at .39  like some of us did.

[feverish]

Hey Patriot, I apologize that my comments hit a nerve, I wasn't slamming Dan Symons as much as the event that took place,  Selling stocks so close to a negative event is bound to make people react.  And as for your comment about what we should have doing, on July12 or 21st ( not going to waste my time looking back) I posted that I have been able to avg down to 60 cents by buying at

[Phatboy2]

And he essentially knee-capped the stock by selling out all his shares. Not the greatest show of appreciation or confidence to a company that compensated him handsomely for the past 6 years. The stench from that move still lingers.