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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 ganndolphon Apr 29, 2018 4:19pm
105 Views
Post# 27956177

RE:RE:RE:RE:Market does not seemed impressed with today's financials

RE:RE:RE:RE:Market does not seemed impressed with today's financialsthisldu3,
  Aura Minerals shares may be very thinly traded, especially ARMZF in the US, but I have never had any problems with any of my trade executions.  There are plenty of institutions out there who would love to obtain more shares of this stock.  Even Carlos de Brito bought 31,950 additional shares of ORA on the open market on April 25, 2018.  This leads me to think that Aura Minerals will report some very nice earnings for Q1 2018.

Contrast that with the situation at Detour Gold where all the insiders are exercising their options for cash and getting out of the stock, and the stock price of Detour Gold gapped down to $7.77 USD, leaving all the longs who bought the stock since 2014 in a losing position.

Aura Minerals is quite the opposite situation where the majority of shareholders who have bought this stock between 2013 and now are in a winning position, and when the stock gets above $3 Canadian Dollars per share, all the longs will be in winning positions.  I see the stock going to $10 bucks by the end of this year.
Bullboard Posts