Hello,
I will apologize upfront if this has already been addressed in another post. I'm relatively new to Stockhouse and after searching a bit, I did not see any posts that address what I'm trying to decide.
I am trying to decide whether to buy GCM or Aris Gold stock with the intent of the purchase being a long-term part of my portfolio (i.e. holding 10+ years). Knowing that GCM now owns ~43% of Aris Gold (down from 53% per the latest GCM Investor presentation) and has an actively producing operation in Segovia and monthly dividend, GCM seems to be the better buy vs Aris Gold which has longer to go and inherent risks with getting to the target 200,000 oz/yr in Marmato and whatever the development plan is for the Juby project in Canada.
Are there any factors that make Aris Gold a better purchase compared to GCM other than greater exposure Aris' stock will have to the projected production increase (i.e. getting 8x exposure via Aris from 25,000 to 200,00 oz over next several years vs 3.5x through GCM's 43% ownership of Aris)?
Are there any concerns for GCM on exploration at Segovia to extend mine life?
Thanks for any insights anyone can share on Pros and Cons of owning GCM vs Aris Gold!