Post by
SHEEPBAAA1 on Jan 19, 2024 12:41pm
AR is correctly priced at around 39 cents
AR is correctly priced at around 39 cents
take a look at Centamin PLC. T.CEE, 450 thousand ounces of gold produced in 2023 with 1.2 billion shares outstanding currently at 1.59 a share.
so AR at 2 dollars a share. keep dreaming.
AR is correctly priced right where it is. and with mexico mines being sold soon. forget about the ounces coming from there.
The Sheep
Comment by
AnalystView on Jan 19, 2024 12:50pm
You mentioned that they have the capacity to manufacture larger amount of gold as compared to AR, but is it of the same quality as Magino's? The highest priority is gold grade quality, which is way better at Magino.