Post by
tobinator01 on May 16, 2024 3:18pm
Anyone at the AGM today?
I think value buyers showed up strong today. The stock should have tested the low in a more spirited way. The Annual Meeting started at 10 PST today. One would surmise by the trade Bulls liked what they heard.
As my post yesterday showed, all you need is a few basic assumptions and calculator to show Q1 is an outlier. Management said they were going to intercept higher grades throughout the year. The Segovia plant was down in Q1 for maintenance, which is not anticipated for 2024.
Today Aris stock's rose and erased half of yesterday's loss, which is a great rebound for a very high volume sell off the day before.