RE:RE: We are entering the mariana trench ... just before the hellNot sure at all.
Aris and gcm are both in colombia.
One is up for weeks , the other down severely down , rather with the market .
Difficult to imagine Petro the responsable . The guy is against new explo/ prod regarding the oil and coal companies. He is also against open pit for the miners . Aris and gcm are underground miners.
The differences able to explain the opposite trends are those one:
1)Gcm is a prod / while aris is very small prod.( more sensible to the market )
2)The new plant for aris is well underway while gcm still needs a permit.
3)management .
4)wheaton has already given the money to aris while gcm didn't make the demand ( 150 mil more in the pocket could make huge difference)
5)no reals info videos for toro. ( they should make the same clips they made for esg or the small miners )
6)mr market could anticipate a heavier budget for toro. Paredes told us 400 mil ( pea was 355 ) but Cannacord took 500 mil ( see the last gcm presentation )
That said if everything is fine at toro ... honestly this is an incredible opportunity. So i absolutly don't understand the way they buyback shares. It seems they don't even trust in their own company.
GL