Argonaut Gold Inc T.AR

Employees?

[goldens]

They sure do need to fill alot of positions and some of them appear to be critical for operating a mine. I just went to their website and some of those have been posted for over a month. I know all industries are facing challenges....

[psych01]

Lots of mining and logging in the area---AR must compete for employees, pay top dollar and benefits;  then they will mine gold for $1850 while others mine gold for $2050.  Can you spot the problem?  IMO

[goldisgood99]

Hmmm... only a portion is at 1850.  Did you ever think that's why it's trading at .62 instead of $2? But, the market is forward thinking.  Currently the mine life is 18 years.  After the drill program the mine will have a life of 30 years, with substantial amounts of gold found the deeper you go.  They will expand and go underground and at that point you will be

[psych01]

Gold--I own a significant number of shares and have no plans to sell---on the tried and true theory of 'what do I have to lose?'  I might have some latent outrage about the horrible lack of transparency regarding financing Magino, leaving many many shareholders holding relatively worthless stocks, but this thing is a turkey and my guess(not my accusation) is that we do not know the

[goldisgood99]

No it's called due dillegence. e-rating of stock price, because Argonauts biggest gold producer will be Magino ( a CDN mine).   Argonaut held physical gold from last quarter to move to this quarter.   Insiders are buying shares, for example, the CEO just bought 3 Million shares in the open market.   The Magino mine is only 1 mile away from Island Gold. Island

[Lifexprt]

People are stuck on 6 quarters of partial hedges not realizing this mine is fully paid for and will be producing for next 30+ years once you account for increased reserves and underground capacity. Market is in show me mode. First pour news later on in May will put it on many people's buying list.

[crazytimes]

The problem is, I don't recall anyone thinking about shutting down all the Mexican production when the hedges were put on, do you? It was supposed to be a safety net on some production, not a full on massive hedge! Don't get me wrong, if gold collapses which it could everyone hating the hedges right now will fall in love with them immediately. But with gold above $2000 those hedges really

[Lifexprt]

Hedged were required by loan covenants to make sure loans are paid back no matter what the price of gold is. Florida Canyon is still producing and Mexican mines will produce once access permits are obtained should gold move higher. You are thinking short term 6 quarters out of potential 100+ quarters of unhedged future mine production

[crazytimes]

I know they were required, but it doesn't make them good! Banks get bailouts we won't. Florida Canyon is a still a wildcard, might work, might not? I am definitely thinking long term or I wouldn't be here. But unfortunately short term comes before long term! lol. And we need to get past this initial startup phase without any more problems because with Mexico such a mess the margin for

[Sclarda2]

  "Not realizing this mine is fully paid fofr and will be producing for next 30+years once you account for increased reserves and underground capacity." You can bet Alamos knows that bumpkin