Argo Gold

Financials:

Primary ticker: CSE:ARQ
Stage of development: Exploration, Development
Primary minerals: Oil, Gas, Gold
Project to promote: Alberta Oil & Gas / Ontario Gold
Project location: Canada
Website: argogold.com

In 2022, Argo initiated finding Canadian oil & gas opportunities as a result of the world energy crisis.  Argo has announced 3 oil & gas projects including near-term participation in a Sparky oil well, acquisition of Clearwater acerage and Nisku farmin projects.  Argo also has Tier I Discovery Potential in NW Ontario for gold at the Uchi Gold Project and the Talbot Lake Gold Project.
 
Cash: CAD$634,000

Debt: NIL

 

Major shareholders:

Sprott – 18%

Accilent – 6%

Management Ownership – 10%

Management Profile

Judy Baker – Founder & CEO
Judy Baker is the founder and CEO of Argo Gold and currently serves on the board of directors of Argo Gold and Blue Star Gold Corp. Ms. Baker has over 25 years of experience in the mining and mineral exploration sector.  Ms. Baker holds an Honours B.Sc. Geological Engineering in Mineral Resources Exploration from Queen’s University (1990) and an M.B.A. from Ivey Business School (1995).

What is your rationale for taking part in 121 Mining Investment?

Introduce Canadian oil & gas initiative to the market.

What recent news would you like to highlight to investors attending?

June 6, 2020 – New focus on oil and gas exploration

Aug 25, 2022 – Strategic Alliance with Jasper Mining

Sept 20, 2022 – Argo Expands Team

Oct 28, 2022 – Argo Expands Team

Nov 3, 2022 – Argo to Participate in Sparky Oil Well

Nov 7, 2022 – Argo to Acquire Clearwater Oil Land

What are your key goals in 3 months, 6 months, 12 months?

3 Months:

Create cash flow with oil and gas assets.

 

6 Months:

Continue to acquire and develop oil & gas assets.

 

12 Months:

Significant expansion driven by oil & gas asset opportunities

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Despite challenging market conditions, Argo is well positioned due to diversification into the significant oil & gas opportunity.

What do you think makes your company such a compelling investment?

The company has made significant advancements on acquiring oil & gas projects after a 7 year downturn in the sector.

What are the top 3 key investor takeaways?

Oil & Gas, Cashflow, Diversification.