Antero Resources Corp T.AR

Primary Symbol: AR

Energy Oil & Gas E&P

Antero Resources Corporation is an independent natural gas and natural gas liquids (NGLs) company. The Company is engaged in the acquisition, development and production of unconventional properties located in the Appalachian Basin in West Virginia and Ohio. The Company targets large, repeatable resource plays where horizontal drilling and advanced fracture stimulation technologies provide the means to economically develop and produce natural gas, NGLs and oil from unconventional formations. The Company operates through three segments: the exploration, development, and production of natural gas, NGLs and oil; marketing of excess firm transportation capacity; and midstream services through its equity method investment in Antero Midstream Corporation (Antero Midstream). The Company holds approximately 515,000 net acres of natural gas, NGLs and oil properties located in the Appalachian Basin, primarily in West Virginia and Ohio.

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Antero Resources Corp > Share count

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Comment by pppon Feb 28, 2021 2:53pm

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Post# 32682037

RE:Share count

IMO Magino is worth what these guys are trading for. Compare Victoria Gold VGCX. and one will soon see what Magino will be worth in production. IMO the market is out to lunch here.

Scotia

Latest Research (January 21, 2021):

OUR TAKE: Positive. Argonaut Gold reported that the province of Ontario has filed the Closure Plan for the Magino project. The company is expecting site preparation to commence soon, with construction scheduled to begin as soon as site preparation is complete. The company is expecting the build to take two years, with first gold production expected in the first half of 2023.
Separately, Argonaut Gold released drill results from the south zone at depth below the planned Magino open pit. Highlights include 10 m at 19 g/t and 3.1 m at 47.1 g/t.The company noted the south zone has been intersected over a 1.5 km strike and remains open at depth and to the west.
We view this recent milestone and the latest drill results positively as, in our view, Magino is moving forward to potentially be the flagship asset for Argonaut, and the company remains well funded with $214M of cash and $125M undrawn from its credit facility. The positive drill results below the planned open pit show further potential for a higher-grade underground mine in the future. Following model updates, which incorporate Argonaut's Q4 production and 2021 guidance (see our first look note here), our Sector Outperform rating and C$4.25 one-year price target are maintained.