Antero Resources Corp T.AR

RE:Time to hold your shares.

[Tim2Agami]

Goldnorte wrote: IMO if you didn't sell this morning at .39-.395 cents and buy back at 38 you might just want to keep holding as there is still many short shares to cover.  I feel confident that we will close in the 40's. Good luck to all, for the record I didn't sell any of my shares this morning, I just added to my position.

The pump handle has now been handed off to brawnier arms than those shilling on this board.  Having walked them down, it is hard to imagine the desk dwellers at Cormark, BMO, BNS and their Co-leads buying a pantload of AR shares with the intent of selling them at less than 38 cents "going forward". Broker calling with a hot tip, anyone? Anyone? Bueller?

TORONTO, Dec. 4, 2023 /CNW/ - Argonaut Gold Inc. (TSX: AR) ("Argonaut" or the "Company") is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by Cormark Securities Inc., BMO Capital Markets and Scotiabank (collectively, the "Co-LeadUnderwriters"), on their own behalf and on behalf of a syndicate of underwriters (collectively with the Co-Lead Underwriters, the "Underwriters") pursuant to which the Co-Lead Underwriters have agreed to purchase for resale, on a "bought deal" basis, 210,527,000 common shares of the Company (the "Offered Shares") at a price of C$0.38 per Offered Share (the "Offering Price") for gross proceeds of approximately C$80 million (the "Offering").