Replies to post #32106 on Value Microcaps Junior Miners

[checkmate28]

AR.T Argonaut Gold Announces Updated Pre-Feasibility Study Results for the Magino Project
76% increase in reserves, a pre-tax Internal Rate of Return "IRR" of 28%, a pre-tax Net Present Value "NPV" of US$610 million, an average annual gold production of nearly 300,000 ounces and a payback period of 2.6 years.

Probably their first move on the way to producing 500k Oz/yr will be getting Magino going with this greatly improved PEA. AISC is $640 with an NPV of $610M at $1200 gold

In the mean time, with a current EV of about $100m, 130 - 140k oz production, no debt and AISC $950, they can sit on their hands and build cash if they want.

[checkmate28]

AR.v Argonaut Gold Motly Fool just put this out.

Revealed: 5 Top Gold Stocks Trading Under $5
http://www.fool.ca/2016/01/26/revealed-5-top-gold-stocks-trading-under-5/

Now up over 30% since I posted 14 days ago that it was cheap and why.

I am waiting for what I think is the last and final dip in the price of gold coming soon, to choose and add from the best of our quality bargains. I have my targets. Interviews at PDAC might play a role.

If gold dips below $1000 theirs going to be blood somewhere!

[checkmate28]

AR.T Just hit $1.14 up nearly 50% from my AR is cheap post less then 3 weeks ago. Its still a value leader but I wouldnt be a buyer today.

[checkmate28]

AR.T Argonot Now +100% in 2016 Straight shot up since my Argonot is cheap post Jan 14th Link back for details.

Still a solid buy for a solid well run company but Im waiting for a pullback