RE:RE:Most Important Question, Why?? Does AR SP sit still bobofet wrote: Yes indeed, definetly stuck in the mud. But I believe until it actual shows growth, shows stockpiling , shows debt solution it may linger. Of course the whole Gold world is not doing great , not just Argon as I see even our neighbour with good news after good news seems to down levels not seen since October and well of the high. Big issue is the American economy is still on fire not giving interest rates a chance to fall, Foreign investment in Canada right now is dismal. A bit of a good sign gold seems to holding up well. So we wait........ signed...... Did they really stick the landing............hmm
amongst the issues you mentioned as well as the possibility of interest rates not being cut as quickly and money inflowing to other sectors especially the AI (tech sector) allong few more outside factors affecting all miners SP at the moment.
i would say what is AR specific is the the cost overun building of the mine,and some missteps by the old management.
what i see is that R Young has not been given an proper chance at this point to fully reverse course he has done quite a bit already it will just take some more time for AR to prove itself.
we havent had a full quarter of name plate production as with all new mines there always gremmlins to work out and efficiancys implemented. i am sure many who have been shareholders for longer than me are frustrated, but we are there the mine is operating and the bugs are beeing worked out.
Young said that we are finaced going forward and with the mine now operating any further dilution or a RS is not in the cards.
we have some big institutional investors etc. who have not sold and seem not to worry about the sharecount. would i be happier with 500k shares outstanding... absolutely... but it is what it is!
we have a update regarding 2024 guidance on the 26th of Febuary i think that will be the most important news in the near tearm, more important than even Q4 year end as we can all sort of figure out where we were in regards to production etc.
at this point we just have to give the new management a few quarters to get the new mine humming by then rates will be cut and some other outside forces may have subsided and AR SP will reflect the true value that has been unlocked with the new mine.
i am a buyer at these prices adding to my position when finances permit