Aris Mining Corp. T.ARIS

How deeply undervalued gcm is

[Brioche]

Look at the matlack board 

https://www.kitco.com/commentaries/2020-09-30/Metals-Mining-analysts-ratings-estimates-senior.html

1.32 earning per share . USD . 

If we take the ratio   pos / earning per share , this is the most undervalued gold stock of the planet .
Absurd . 
The price coud double , gcm will stay the last .

And now the company is  repurchasing....

[7Twiggy]

Agreed Brioche.  What do you think of the warrants.

[menoalittle]

warrants are "stupidly cheap" x 2.

[tsoprano24]

I don't think most people know of the warrants nor understand them. My biggest holding in my IRA. Being in the money, they should move penny for penny with common stock. Lot of leverage. Tougher to buy on American side but have been getting better past months.  T

[7Twiggy]

I looked at both the stock and warrants.  Decided on the stock instead of the warrants mainly  on the issue of liquidity.  Most likely one of the small reasons the company is buying back now is that the ex dividend date was Sept 29.  In the video interview with CEO Iacona, he sounds frustrated that the stock price is lagging.  The company is loaded with cash, so I would

[Wayned52]

Don`t the warrants expire at some point and if you were holding on to recover you would get nothing ? The common stock you can hold forever . Also if we ever get to the point where we have a really nice dividend ,  possible , warrant holders get nothing  . Maybe I have that wrong . 

[tsoprano24]

Warrants expire in 2024. So if this stock is not considerably higher by then we are all screwed. I wrongly assumed we would get a fair valuation by now. And, we won't be bought out, at least cheaply, because I believe there is a poison pill in place. Only road forward is buy back stock, keep paying down debs and stacking cash. We should be fine, common and warrants as long as gold stays above

[prem124]

Dividend of 1 percent was good to shown intent but not enough to showcase undervaluation. By offering 1 percent it says that on the dividend basis we are fairly valued vs peers as it is average offered. We need around 5 percent minimum for people to take notice.

[7Twiggy]

I think 5% is a little unrealistic, but 1.5 to 2.0% would really move the needle. 

[7Twiggy]

and it could happen on the November 13 results call.

[Brioche]

With your autorisation  , completely desagree.  Div is necessary because ,  1) you handicap the shorts  2) you are in the serious companies camp ( disciplined ) So yes for a very small one . A bigger one would be pure waste of money . Half the people will take their div and will go elsewhere to invest .  Now imagine what you could do with a 5 % div . : you can buyback 5

[menoalittle]

>> So for me a 5 % div for a growing miner is pure nonsense.  Inclined to agree, but increasing the div a 1/2 cent per quarter seems easily "do able" and entirely reasonable.  Now THAT sort of program will get the market's attention, without a doubt... 

[gottschlich]

Hi Meno, 100% agree! Assuming further constant production at Segovia, to unlock the maximum share price growth dynamic would require following activities:   Stringent buyback of constant ~100k shares every week or ~350k shares every month + related weekly / monthly communication (PR). Stringent insider buying (e.g. GCM top 5 mgmt.) of a few but constant number of shares