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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I noticed today that trading had been halted on Argonaut gold. I believe it is because the company will be issuing shares at $2.40 per share to raise about $40 MM to buy an adjacent property and perhaps(???) raise money for their own uses. Is this indicating further weakness in this name (I purchased at $5.19/share in my TFSA) and should I sell or continue to wait patiently for an eventual turnaround?
Read Answer Asked by ED on February 24, 2017