SpikeAris' share price was being hammered down since the begining of December for no decernable fundamental reason. The price of gold has been rising since the begining of November irrespective of higher interest rates and irrespective of Aris being one of the best performing gold miners.
Aris' share price had been been rising through November only to get knocked back these last two weeks of December.
The spike has put Aris' share price back on the upward trend it was on through November.
It was apparent the December pull back was unwarranted creating an opportunity for a lot of share to be picked up at a reduced price.
The rise in the price of gold in the face of sinking stock markets has made gold miners the only game in town.
The rising gold price this December is making it clear there is a rapid, significant macro change going on. Paper gold liquidity is drying up on the COMEX and gold inventories are being drawn down as U.S. treasuries are being dumped and gold accumulated by cental banks and countries.
There is every reason to expect this is gong to continue.