RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Argonaut’s Missteps: Scapegoating Magino Listen to yourself. You’re telling us that GMT Capital Corp, a strategic and profitable hedge fund, has been holding since 2020-2021, prior to the stock price hitting C$4.00.
You’re implying that this savvy investment firm’s master plan is to purchase at C$2.00, which is half of the peak price the stock hit in 2016, then when the stock hits that high of C$4.00, and continue to do so even as it starts to tank 90%.
Furthermore, you're saying that when Argonaut Gold announced significant cost overruns in December 2021, their strategic response was to keep holding until they’re at about a 75% loss and then start loading up on 144,444,500 shares.
Finally, are you seriously suggesting that this strategic investment firm, worth billions of dollars, has been enduring a multi-million dollar loss for about four years now, as you’re actually implying they have been holding since C$2.00, prior to the stock price hitting the high it hit in 2016 which is C$4.00?
That is something Sclarda would do and not a strategic hedge fund.