RE:RE:I exited the Aris Train.......The market doesn't seem to give Aris the respect it likely has earned. Last I calculated, I am about 50% higher in the positions I rotated to than I would've been if I held onto Aris. Juniors tend to have higher leverage than the producers do.
Best thing that Aris could do is get Toroparu online and get a dividend working. One mine in Colombia and no dividend is not endearing this company to potential investors. Aris is a producer, but it seems to be valued as more of a developer
Like I said earlier, they could probably buy out the Tucano Mine (GPL) for 10,000 ounces of gold or less. That would be a good move, that is if Aris wants to increase their footprint further in South America. But, it is more likely they'll try to pick up more shares of Denarius instead.
I was fortunate that I was never underwater with my shares, so I could time when I wanted to migrate into other issuers. Hang in there, your losses will be reversed after gold is revalued post-BRICS.