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Aura Minerals Inc T.ORA

Alternate Symbol(s):  ORAAF

Aura Minerals Inc. is a gold and copper company. The Company is focused on the operation and development of gold and base metal projects in the Americas. The Company's mineral properties include Ernesto/Pau-a-Pique Mine, San Andres Mine, and Aranzazu Mine. Its project in construction includes Almas Project. Its other projects consist of Matupa Project, Borborema Project, Sao Francisco Gold Mine, Tolda Fria Gold Project, and Serra da Estrela Project. The Ernesto/Pau-a-Pique Project (EPP) is in Mato Grosso in Brazil, approximately 450 kilometers (km) west of Cuiaba. The San Andres Mine is an open-pit heap leach gold mine located in the highlands of western Honduras. 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 Almas Project is a gold project located in the state of Tocantins, Brazil. The Matupa Project is a gold project located in the northern part of Mato Grosso, Brazil.


TSX:ORA - Post by User

Comment by toppgunnon Oct 08, 2020 6:09pm
84 Views
Post# 31693305

RE:RE:Third quarter production results-preliminary

RE:RE:Third quarter production results-preliminaryI agree totally with all your comments.  ORA has shown an extremely good run over the past year and delivering on production results.  The correction as of late going io the high of  18's down to the current 13's is a concern or price of listing on the Brazilian exchange from few months ago.  Strongly believe if gold starts to show some momentum should start to strongly trend above 15.  The positive is statrting to form a good base and this correction is good in my opinion for the next run upwards.  With that said, concerned over the share reconstruction and share price, whereby going from 4 million float to 70 million float.  This may benefit the share price going forward as shares most likely are in the hands of a few shareholders or as mentioned about 50 percent are held by insiders.  Hence, looking for the next run upward.  Seasonality Jan to Mar are good months for gold and ORA may pleasantly surprice long term shareholders in the coming year.  
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