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Aura Minerals Inc T.ORA

Alternate Symbol(s):  ORAAF

Aura Minerals Inc. is a mid-tier gold and copper production company. The Company is focused on operating and developing gold and base metal projects in the Americas. It has four operating mines, including the Aranzazu copper-gold-silver mine in Mexico, the Ernesto/Pau-a-Pique Project (EPP) and Almas gold mines in Brazil, and the San Andres gold mine in Honduras. The Company’s development projects include Borborema and Matupa, both in Brazil. It has unmatched exploration potential, owning over 650,000 hectares of mineral rights and focuses on advancing multiple near-mine and regional targets along with the Serra da Estrela copper project in the prolific Carajas region of Brazil. The Company has the right to explore the Pe Quente and Pezao Projects in the State of Mato Grosso, Brazil. The Aranzazu Mine is an underground copper mine that is located within the Municipality of Concepcion del Oro in the State of Zacatecas, Mexico. The San Andres Mine is an open-pit heap leach gold mine.


TSX:ORA - Post by User

Bullboard Posts
Comment by valuemineon Jul 12, 2018 12:17pm
96 Views
Post# 28306750

RE:RE:nobody else seems to buy this stock except.....

RE:RE:nobody else seems to buy this stock except.....Brito is only stealing from selling shareholders. He controls the company, yes. But he arguably has every right to control the activities so long as there isn't insider trading or unfair dealings. 

The rio novo merger required a formal valuation opinion. Check it out. It's filed publicly. Will be very difficult to buy out minority shareholders at below market. Upcoming Aranzazu FS should only add upside to the formal valuation figures.

Brito has a longer investment horizon than most Aura shareholders, which he is using to his advantage...
Bullboard Posts