RE:RE:RE:RE:RE:RE:RE:Argonaut Gold: Magino - The diamond in the rough okgonow wrote: how ibs Young the problem?????
the grade was established thru their N.... compliant estimate and the AISC is higher because its coming in just below the estimate and the fact they are rolling in the cost of upgrades at FC and Magino this year.
stop spreading FUD
the SP beeing this low is bad enough!!!!
Exactly. The big problem is that they rolled in aprox. $100 million of Capex between the two mines into AISC making that number very high.
If they would have came out and said AISC is aprox. $1500 and we have to do a one time Capex of $100 million this year the shareprice would not have dropped so much.
Could be a very good opportunity to buy a $1 billion mine Magino plus Florida Canyon plus Mexico for $220 000 million.
I bought another 100 000 shares today