RE:RE:Aris Long Term ChartThe 5.40 area is not a bad guess. Typcially there are naturual resistance barriers for stock corresponding to round figures like 5.00. I would expect pauses at 4.65, 5.00 and 5.40 but a real fight for 6.00.
The strength in Gold is certainly helping Aris push north despite the majority of the sector being red YTD. I'd expect the huge additon of 100,000 more ounces of production early next year to start being priced in the second half of this year.