Argonaut Gold..Mid-Tier Goldproduzent (Seite 53)

[Andrija]

Antwort auf Beitrag Nr.: 46.302.379 von supernova1712 am 24.01.14 21:33:16

Hoffentlich behalten die Recht. Auf dem Niveau mag ich auch nicht mehr aussteigen. Man hätte früher umschichten sollen. So liegt mir dieser "Prodigyklumpen" im Moment tief im Magen.

[supernova1712]

Antwort auf Beitrag Nr.: 46.287.989 von supernova1712 am 23.01.14 14:56:30

...aber es gibt auch noch Optimisten:

Mike Parkin, Desjardins Securities (1/21/14) "We continue to anticipate a strong operational year from Argonaut Gold Inc. and expect progress to be made on the project portfolio. We maintain our Buy (Above-Average Risk) rating."

Jeff Killeen, CIBC World Markets (1/21/14) "Argonaut Gold Inc. reported Q4/13 production of 28,648 oz Au eq, which included 27,865 oz gold and 47,759 oz silver. Full-year gold production reached 117,348 oz."

Rahul Paul, Canaccord Genuity (1/20/14) "While Argonaut Gold Corp.'s Q4/13 production was lower than guidance and our expectations at La Colorada (delays opening up the pit) and El Castillo (processing of lower recovery transitional material), we view the issues as temporary and unlikely to impact our overall thesis. We maintain our Buy rating based on our view that the stock remains well positioned to outperform its peers over the next 12 months pending completion of the La Colorada ramp-up, potential receipt of permits at San Antonio and exploration upside potential from San Agustin."

http://www.theaureport.com/pub/co/2145?utm_source=delivra&ut…


Freundliche Grüße
supernova

[supernova1712]

Antwort auf Beitrag Nr.: 46.267.691 von combatiente am 21.01.14 13:37:37

Auch Otto ist nicht zufrieden:

1/20/14
Argonaut Gold (AR.to) is the best indication of the sudden bullishness in juniors
That's because even its pisspoor 4q13 and woeful guidance for 2014 only dropped this wildly overpriced gold stock by 4.89% today. Two weeks ago they'd have been lucky to get away with minus 20% on the session. Seriously crappy quarter from AR.to.

http://incakolanews.blogspot.de/2014/01/argonaut-gold-arto-i…

Einerseits ist da das angestrebte starke Produktionwachstum in den nächsten Jahren, andererseits das schwache Quartal 4/2013 - Was meint Ihr zu den Zahlen?

Freundliche Grüße
supernova

[combatiente]

Argonaut Gold: Relativ schwache Produktions-Zahlen, hohe Expansions-CAPEX in 2014

http://rohstoffaktien.blogspot.de/2014/01/argonaut-gold-rela…

[supernova1712]

Argonaut Gold Announces Full Year 2013 Gold Production of 120,224 gold equivalent ounces

http://www.argonautgold.com/news_events/news/index.php?&cont…


...und noch einige Experten:

http://www.theaureport.com/pub/co/2145?utm_source=delivra&ut…

Mike Parkin, Desjardins Securities (1/9/14) "By our estimates, Argonaut Gold Inc. has the potential to nearly triple its gold production to more than 390 Koz by 2020 through the development of three projects, two of which are fully financed. We expect the company's relatively low, all-in sustaining costs (Desjardins standard) to remain flat to slightly down over the next several years, driving growth in CFPS as the production base is expanded."

M Partners (12/31/13) "Argonaut Gold Inc. finalized the agreement to acquire the San Agustin project from Silver Standard Resources Inc. for $15M cash and $30M in Argonaut shares payable at closing, including further cash of $10M payable in six months and $20M in 18 months after signing the agreement. The project is located 10 km from Argonaut's El Castillo project in Durango, Mexico."

Freundliche Grüße
supernova

[Pirat_Micha]

Argonaut Gold Announces Completion of the San Agustín project purchase
from Silver Standard



TORONTO, ONTARIO--(Marketwired - Dec. 30, 2013) - Argonaut Gold Inc. (TSX:AR) (the "Company", "Argonaut Gold" or "Argonaut") is pleased to announce they have finalized the agreement for the Company to acquire the San Agustín project, located 10 kilometers from the their El Castillo project in Durango, Mexico, from Silver Standard Resources (TSX:SSO) ("Silver Standard Inc.").

The terms and conditions of the agreement noted in the December 5, 2013 press release have been completed and finalized.

[Andrija]

Antwort auf Beitrag Nr.: 46.126.083 von supernova1712 am 29.12.13 15:39:10

Zumindest ein relativ fundierter Kommentar. Besonders der Vegleich zum Prodigy-Kauf überzeugt. Nur wie kommen die auf den NP der kommenden 7-Jahresproduktion ohne den Goldpreis in der Glaskugel zu sehen? Als Prodigy übernommen wurde stand auch der Goldpreis noch deutlich höher.

[supernova1712]

Hier noch ein kritischer Kommentar:

http://www.caesarsreport.com/blog/argonauts-magino-project-d…


Argonaut’s Magino project disappoints

December 27, 2013

Argonaut Gold (AR.TO) has released the results of a pre-feasibility study on the Magino Gold project in Ontario. The base case envisages a production rate of 127,000 ounces of gold per year at a cash cost of almost $700/oz. As the initial capital expenditures are approximately $356M, the payback period is just over 4 years and the IRR comes in at 18%. This is quite a disappointing result as the after-tax NP7% is just $199M. This is lower than the total price tag of Prodigy Gold as Argonaut paid a total consideration of $310M to acquire Prodigy and the Magino Project which was its flagship asset.

The first seven years are the most important years as the average annual production is approximately 185,000 ounces of gold per year, which will fall back to less than 75,000 ounces per year from the eighth year of operations.


Freundliche Grüße
supernova

[Pirat_Micha]

Expert Comments:

Mike Parkin, Desjardins Securities (12/20/13) "Overall, we see Argonaut Gold Inc.'s prefeasibility study for Magino as an excellent building block for the project. The study is based on only 40% of the Measured and Indicated resource, which, through a successful land acquisition agreement with Richmont Mines Inc., could result in a robust, long mine life gold project."

Barry Allan, Mackie Research Capital (12/20/13) "On Dec. 17, Argonaut Gold Inc. released the results of a prefeasibility study on the Magino project. . .over the first seven years, an average grade of 1.33 g/t is expected to yield 185 Koz/year. . .we retain our Buy recommendation."

Jeff Killeen, CIBC World Markets (12/19/13) "Argonaut Gold Inc. has released an updated resource/reserve estimate and a prefeasibility study (PFS) for the Magino development project. . .the smaller project will reduce capex and focus on higher grades, particularly in the first seven years of production. . .we think the Magino PFS is a step in the right direction for the company."

Christos Doulis, Stonecap Securities (12/19/13) "While notably smaller than originally envisioned, the prefeasibility study for Argonaut Gold Inc.'s Magino outlines a robust, high-grade project that is cash flow positive even in a weak metals price environment. With ~$125M in cash, the company has the financial flexibility to continue advancing its development projects; we are maintaining our Outperform rating."

Andrew Kaip, BMO Capital Markets (12/17/13) "Argonaut Gold Inc. released a prefeasibility study (PFS) for the Magino project in Ontario that outlines life-of-mine annual production of 127 Koz gold at US$693/oz over a 13-year life. The mine plan includes an accelerated mining schedule during years 1 to 7 followed by processing of low-grade stockpiles thereafter. . .the PFS provides base parameters on an initial development scenario for Magino that are broadly in line with BMO Research expectations."

[Pirat_Micha]

Argonaut Gold Announces Pre-Feasibility Study Results for the Magino Project with After-tax IRR of 18% and Total Cash Flow of US$350 million


Toronto, Ontario - (December 17, 2013) Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) is pleased to announce the results of a prefeasibility study (“PFS”) for the Magino property, located 40 kilometers (“km”) northeast of Wawa, Ontario. The study was completed by JDS Energy & Mining Inc., Vancouver, Canada and is based on a December 2013 mineral resource estimate. The Magino mine PFS study takes into consideration the PFS design pit, representing 40% of a larger defined resource. It does not include any potential expansion from the land or mineral rights acquisition pending from neighboring landowner Richmont Mines Inc. All amounts are indicated in US dollars.

http://www.argonautgold.com/_resources/news/nr_2013_12_17.pd…