16:39:16 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Argentex Mining Corp
Symbol ATX
Shares Issued 71,677,317
Close 2013-01-22 C$ 0.28
Market Cap C$ 20,069,649
Recent Sedar Documents

Lundin dumps Argentex Mining

2013-01-23 12:49 ET - In the News

Brien Lundin, in the December, 2012, to January, 2013, edition of the Gold Newsletter, says he is ceasing coverage of Argentex Mining Corp., recently 20.5 cents. Mr. Lundin said buy Argentex seven times between May, 2008, and November, 2011, at prices ranging from 40 cents to $1.29. Assuming an investment of $1,000 for each buy, selling the $7,000 position at 20.5 cents yields a loss of $4,718.

"Cease coverage" is a phrase used by brokerage firm analysts, who wish to avoid saying "sell," because it upsets corporate clients. Newsletter editors are not the same as brokerage firm analysts, but they also avoid saying "sell."

© 2024 Canjex Publishing Ltd. All rights reserved.