I am strongly bullish on the fundamentals of the company. Adding 100,000 ounces annual production by the investment of $12 million is just brilliant. Well, the price charts are very bullish on Aris also. We are just a good jump in the price of Gold or a solid press release away from breaking savagely stiff resistance at 4.70.
The short term chart has a Bull Flag Pattern or you could say a Bullish Reverse Head and Shoulders pattern with a price objective of 5.70.
[url=https://stockcharts.com/h-sc/ui?&s=ARIS.TO&p=D&yr=1&mn=0&dy=0&id=p59790594190&listNum=1&a=1260483926]Aris Mining Short Term Chart[/url]
The following long term chart clearly shows a Bullish Reverse Head & Shoulders patter with price objective of $6.75 [4.75 - 2.75] + 4.75.
Aris Mining 4 Year Chart The stock is primed and ready for a spark, where that comes from is anyone's guess.