Well said Geosan....!I don't think i could have articulated that any better to get the message across to people. Most s/h or investors in general here still don't get it BUT they will..... eventually. I agree with almost everything you've said except the two comments below.
"This message is directed at sciarda."
Should actually read "This message is directed at ALL Argonaut investors"
AND
"With all your rosy cashflow projections have you asked yourself why no mining company is stepping up to fully subscribe to the $190million financing to control 65% of the company and use that $400million cashflow you quote? You wouldn't even need management approval to carry out the buyout because they are offering you the chance on a silver platter."
I don't have interest in the company nor to invest in it, BUT as i've said someone probably will if the conditions AND price are right. Who knows, they might be actually accumulating as we speak and you can probably make a case for it as the stock has held up fairly well .......considering. So someone is buying all that cheap wallpaper and it's definitely not retail. So there's STILL some light at the end of that dark tunnel and SOME hope.
So any buyout between these prices and just under $2 (at the really TOP end IF gold prices move & ALL the stars are alligned). So a ~2B all share buyout isn't out of the realm of possibilites. More important question is WHO would be interested in such an asset. Not many potential suitors. I could probably count them all on one hand.
So best of luck to you and well said again......
GLTA