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Bullboard - Stock Discussion Forum 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... see more

TSX:ORA - Post Discussion

Aura Minerals Inc > ORA Today $201.11 in Canada and $216 CDN in BRL $835.00
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Post by Canadian0620144 on Jul 27, 2020 11:33am

ORA Today $201.11 in Canada and $216 CDN in BRL $835.00

If you take out insiders Chairman owns over 51% should be almost equal in shares on both stock markets in Canada and Brazil. Still unsure over price discrepancy betwen two markets. Price at closing seems to close the price gap most days.
Perhaps after August 3rd and final AURA32 share settlement in Brazil the price gap will close. Company could do a better job of explaing current, future exploration and production growth. Would like to see simple clarity on forward production, timelines of new mines and timley release of exploration and drilling results. Aura is still not getting the respect from the market for a 160,000-210,00yr oz producer. Market cap under $1bl makes no sense with GLD price over $1950US.
Comment by elgin1 on Jul 27, 2020 12:20pm
It’s trading at $210 on Tsx ... closing the gap. Almas will be paid off in less than a year. I owned Rio Novo and Paiol pit deposit was not drilled deeper becaus3 they ran out of money, but a deeper drill of Paiol pit could easily expand the resources at Almas.  IRR is incredible for Almas especially with the Brazialian Real so cheap. All sustaining costs are going to be very favourable . RN ...more  
Comment by Goldnboy1 on Jul 28, 2020 5:37am
Me thinks she will go even higher! This is a big one! The gold bull of gold bulls!  Hold on tight! This is going to be a fun ride!   Good to see the retail chatter! Lucky enough to have began my position here in tax loss season 2019. So this has been one spectacular ride for me.  What a market we're in again here!  Feels great!!
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