Post by
tobinator01 on Apr 03, 2024 2:08pm
We have 5.00...
I understand the sour grapes concerning this stock's performance for the last 4 years and herein is the screaming underlying value. It should be pointed out that the entire Gold mining complex is in the cellar as far as investor sentiment. Take a look at the chart below. It has taken a 10% rally in Gold for the stocks to simply breakeven on the year. Aris is a stock that is beating the Indexes (HUI, GDX) year to date. I believe it is only a matter of time that the market re-rates Aris as a 360,000 ounce producer next year and over 500,000 the following year. Patience is the key.
[url=https://stockcharts.com/h-sc/ui?&s=%24HUI&p=D&yr=0&mn=9&dy=0&id=p45057986198&listNum=1&a=1412700947]Gold Bugs Index, HUI[/url]
FYI, Aris A series warrants are trading at a steep discount to fair value. I use a very conservative volatility of 40% and their value equals 0.43. They are presently trading at 0.34. For grins and giggles, it there was a suitor to buy out Aris the volatility they would use is on the order of 50%. This means the warrants today would be valued at 0.54.
Comment by
tobinator01 on Apr 03, 2024 2:10pm
One more time to get the chart posted. [url=https://stockcharts.com/h-sc/ui?&s=%24HUI&p=D&yr=0&mn=9&dy=0&id=p45057986198&listNum=1&a=1412700947]HUI Chart[/url]
Comment by
tobinator01 on Apr 03, 2024 2:16pm
One last time, see if a blocker on my computer is preventing something. Gold Index
Comment by
silverfreakynew on Apr 04, 2024 5:11am
They have 13 years done nothing for share holder.I don't believe it. It's a wonder that a stock with such reserves had such an stock-price.And now we have the new managment. We where much higher a time ago.It's obvious that they burn the money or pay it to themself.
Comment by
menoalittle on Apr 04, 2024 10:16am
This post has been removed in accordance with Community Policy
Comment by
menoalittle on Apr 04, 2024 10:31am
This stock would very easily be a teenager right now if they hadn't done that sick merger with Sandspring Resources... (had to repost this, as my previous description of that merger was deemed to be "profanity and/or vulgarity." Sick describes how I felt after it was announced.)