RE:RE:Price target ! >> Youre going to see $10+ within 6 months in my opinion,
So, you really think it will take the market that long to wake up to this one little sleeper statement that was in the 2020 year end MD&A?
As a result, commencing in the first quarter of 2021, Gran Colombia will cease consolidating Aris in its financial statements and will begin equity accounting for its investment in Aris.
It appears that there are very few that aren't still asleep at the switch and/or have absolutely no clue what that statement actually means and the effect it is going to have on 2021's financial statement. Frankly, I think Q1 2021 numbers will be rather stunning to some. But truth is, Q1 and Q2 won't hold a candle what the full year 2021 is going to look like (simply because they pay Colombia taxes all in the first half of the year, and they are going to be producing more gold... not to even mention the probability of higher gold prices.)