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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 casinoon Nov 14, 2020 12:00pm
131 Views
Post# 31901297

RE:RE:RE:Financials should be released next week

RE:RE:RE:Financials should be released next week
casino wrote: From my experience anytime a company releases on a Friday after market it is usually not good. Why not Thursday aftermarket or Friday premarket?

Anyways I guess we will find out soon I hope I am wrong. 



I read the Q3 report and I am no expert but looks like a really great quarter. I am glad to admit I am wrong. I have been a long time shareholder (a few years ago I was a bagholder) and grow increasingly frustrated with the lack of no analyst following Aura.

The way I see it Aura is a $20 plus stock but just seems to be stuck at these levels even with the price of gold in the $1900 plus range. Over 300,000 shares traded yesterday in Brazil, less than 20,000 here. I guess everybody is holding. I have gotten my original investment out of this company before the last split so what I have now is gravy. 

Two things

First, I did notice reading the report is that on my other gold stocks they always refer to Cash Cost and All In Sustaining Cost (AISC). I did not see AISC in the Aura report. I looked it over twice and nothing. 

Second, Why would those BDR's be sold at such a discount (less than $12 ) in Brazil when the stock was selling for much more ($14-$15) on the TSX. It seems to me the stock was manipulated lower to accomodate the sale. 

Like I said I am no expert so maybe one of the experts can weigh in as to why.
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