Argonaut Gold Inc T.AR

Timing of the 2024 Guidance/Operational update

[Wolverine2024]

Still can't get over the timing of the release of the 2024 Guidance/Operational update. Just as the price of gold was breaking out on a run from $1,980 to eventually $2,400. This was the surge in the price of gold many of us waited 2 to 3 years for. And they release the 2024 Guidance and the stock price crashes to $0.23. Anyone care to make an educated guess how much AR would be at with the price of gold at $2,400/oz without that Guidance price crash?

[psych01]

imo  this thing was in the works for months, they scrambled to launch the deal as they sensed POG gaining momentum, uptick in POG not suited to designs.  Ship has sailed, little use in speculating what could have been.   It will be interesting to see how AR is pleased to announce in NR Q1, and especially how they are pleased to announce after Q2 before this pile of cr+p is

[rvirdi6394]

I am surprised there are no other offers!!

[Wolverine2024]

You really think the ship has sailed? 

[Wolverine2024]

I'm curious, what do you boys think? What would AR have traded at when Gold hit $2,400/oz?  $0.80 $1.00 $1.50 $2.00

[crazytimes]

.80 - $1 based on gold price! Over a buck if a ?Juicy" high grade hole was released into this market! Just my opinion. 

[Wolverine2024]

I think $1.00 is the least it would be trading at. Considering it was at $0.72 when gold was $1938 in Sept 2023, much higher profit per ounce at $2,400