Back on April 12th when the Argonaut Gold (AR.to) “they won’t let us go ka-boom at La Colorada” soap opera began, this humble corner of cyberspace ran the post linked right here that started with a repetition of our First Law:
“The
IKN First Law of Mining News Releases: Considering that anything
contained in a mining news release is presented in the best possible way
for the company in question, any piece of information contained in a NR
that comes across in any way negative means the real news and/or events
behind it must be very, very bad indeed.”
So let’s see how things have been going since then (with bold type added to ease your soul):
Toronto, Ontario – (April 12, 2018) Argonaut Gold Inc. (TSX: AR)
(the “Company”, “Argonaut Gold” or “Argonaut”) reports that its
wholly-owned subsidiary that owns the La Colorada mine has had its
permit for the use of explosives at the site temporarily suspended as a
result of a pending legal action brought by four individuals against the
Secretary of National Defense (“SEDENA”) and the Municipality of La
Colorada. Activities at site continue unaffected due to the
availability of blasted and stockpiled material adequate to allow for
operations to continue normally. Stockpiles are sufficient that
operations will continue normally through at least April 16, 2018, at
which time there is a hearing scheduled where Argonaut hopes to resolve
the issue.
Toronto, Ontario – (April 17, 2018) Argonaut Gold Inc. (TSX: AR)
(the “Company”, “Argonaut Gold” or “Argonaut”) reports that the has
court postponed the hearing pertaining to Argonaut’s explosive permit at
its La Colorada mine (see press release dated April 12, 2018) to allow
the Secretary of National Defense (“SEDENA”) to provide evidence
requested by the court regarding the temporary suspension of the
explosives permit at Argonaut’s La Colorada mine. It is expected that a
ruling will be issued within 15 business days of the original hearing
date (April 16, 2018), as required by law.
Toronto, Ontario – (April 27, 2018) Argonaut Gold Inc. (TSX: AR)
(the “Company”, “Argonaut Gold” or “Argonaut”) reports that the court
has rescheduled the hearing pertaining to Argonaut’s explosive permit at
its La Colorada mine to May 16, 2018.
Toronto, Ontario – (May 17, 2018) Argonaut Gold Inc. (TSX: AR)
(the “Company”, “Argonaut Gold” or “Argonaut”) reports that the
Judiciary court hearing with respect to the Company’s explosives permit
for its La Colorada mine (see press releases dated April 12, 2018, April
17, 2018 and April 27, 2018) has been rescheduled to June 4, 2018.
This is fine.