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Bullboard - Stock Discussion Forum 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... see more

TSX:AR - Post Discussion

Argonaut Gold Inc > Soaring costs in mining
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Comment by Calgary_AB on Sep 21, 2022 5:02pm
Easy fix... the miners should raise the gold price accordingly and stop selling at bankers manipulated prices Like any other product, let the market decide what the price should be based on supply demand and not on manipulated paper price
Comment by Stratocheif on Sep 21, 2022 5:27pm
All resource producers are price takers, not price makers. It's easy to say what should be but it's not reality. If you make a widget and your widget is better than your competitors you can charge more for it. If you dig something out of the ground, forest etc, it's the same stuff as the other guy is digging out. Coal is coal, nickel is nickel, oil is oil etc. You can't make your ...more  
Comment by Calgary_AB on Sep 21, 2022 7:31pm
I understand it's not easy but if the miners cooperate on it, it is posible.... you said "take the market price".... that's what I said too....but this is not market price it's manipulated bankers paper price. Yes miners can sell just enough to pay the bills and keep back the product... First Majestic and a few others are already doing it...
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