RE:RE:I hold thist Stock since Sandspring Resources.I got a chuckle out of the way you did the whole dream scene.
I'd say about 98% of miners miss guidance and dilute the hell ouf of their stocks. GCM has a track record of doing that but past misses don't mean the future will be the same drill. I find opportunities in those miners that have finally gotten their act together. Soma Gold is one and I believe New Aris is another.
New Aris has $670 million of cash and committed funding with $100 million annual free cash flow. They also have another C$22 million in the money warrants (GCM $2.20 strike, 10 million outstanding). Any potential future dilution is many years away.
I own a bunch of the Aris C$2.75 strike, July 2025 warrants. My investment is long term for New Aris. If they come close to the production 600,000+ ounces for 2025, New Aris should be closing in on a C$2 Billion market cap. With 150 million shares outstanding, the share price would be around C$13.5. The Aris warrants will be worth roughly C$4.00. Not a bad return with them trading at C$0.20 today.