Post by
AlfTanner on Aug 31, 2021 1:09pm
A lot of risk here
This company's main mine is running out of ore. The profits were great while it lasted, but the party is ending. The underground portion of the mine will have higher costs and lower production. The company has bet its future on the Media Luna mine, but that does not even have a completed feasibility study. Costs will likely be higher because it is underground.
Comment by
bobofet on Aug 31, 2021 4:33pm
There is some truth in what you say... This is why I always thought a merger between Argonaut gold and Torex would be a great fit, But dont take my word check out Argonauts future endeavours pretty nice. And when they get Magino built yes would be a great fit and help Torex start to spread its wings