Post by
tobinator01 on Jul 12, 2024 5:49pm
Q2 Production Guesses
This board was much more active and interesting at $3 than $6. Generally speaking, hovering just below 3-year highs generates excitement and active board participation. In an effort to see if anyone out there is alive and kicking, how about some guesses as to the Q2 production numbers that should be released by the end of next week.
Q1 production was 50,800 ounces. The lower number caused by planned maintenance and lower grades. They did reaffirm 2024 production range of 220,000 - 240,000 ounces. That means the average of the final 3 quarters has is between 56,400 and 63,100 ounces.
My guess is they did 54,500 in Q2, which should be supportive of the stock price. Anything over 56,000 ounces in Q2 should send the stock up.
Comment by
canuckman1 on Jul 13, 2024 12:36am
Hi Tobinator. I enjoy your posts very much so keep them coming! I listened to a recent Don Durrett podcast on some of the mid tier gold producers and he stated that Aris is so mis-priced. The market has yet to price in the near term increase in their gold production. My guess on Q2 production is 56,500 gold ounces. Canuckman
Comment by
RockLobster1 on Jul 14, 2024 1:36pm
I don't have a guess, but I am long and holding for while. It's a growing stock that is being rerated, in a gild bull market. That's my take and why I think it will outperform... sweet spot between explo rer and mature producer. I had been in and out of GCM for years,,,, I also had Sandspring a few years ago that has ended up a part of this. good luck