Post by
Chizkiyahu on Mar 15, 2023 9:40am
Gold is up!
I'm happy the gold price is creeping up again. I expected ARIS stock will go up too. I accumulated more shares.
Strong buy!
Comment by
Golddd on Mar 15, 2023 9:48am
Luckily someone optimistic. I was too but then seeing how society behaves this optimism disappeared.
Comment by
Chizkiyahu on Mar 15, 2023 10:15am
I'm laughing at them to sell their shares in panicked way. I believe the gold will be over $2000 per ounce this year
Comment by
invest234 on Mar 15, 2023 10:50am
q4 gold price sold was $1,687. right now gold price is $1920. that is $233 higher gold price, which means q1 will make a lot more cash. $1920 gold with $1100 aisc is a very fat profit margin. fatter if gold continues higher.
Comment by
kkkrrr on Mar 15, 2023 12:51pm
right ... and adjusted earnings are OK -- appr. 40-50 ,million of coste related to the buisiness-combination ... these costs are one-time --- Q1 will show healthy free-cashflow ... hopefully the marmato-expansion will start in Q3
Comment by
invest234 on Mar 15, 2023 2:05pm
q1 ends in just 2 weeks, then they report q1 production and cash position. just the savings from canceling the divi and g&a cost reduction after merger should add a lot of cash.
Comment by
canuckman1 on Mar 16, 2023 8:19am
Good Mornimg kkkrrr, I believe based on the past news releases that Aris can't purchase the additional 30% ownership of the Soto Notre project without the permitting approval for the project in place. Canuckman
Comment by
kkkrrr on Mar 16, 2023 9:45am
i strongly hope so ;)))) ... AND ..i want Marmato Lower tone in production first ... i feel much safer with cashflow from 2 mines
Comment by
invest234 on Mar 16, 2023 10:28am
where did you get $1750?? they just gave 2023 guidance a day ago "Looking forward, we expect to produce between 230,000 and 270,000 ounces of gold at an AISC1 of between $1,050 to $1,150 per ounce during 2023."
Comment by
Chizkiyahu on Mar 15, 2023 12:36pm
Up 27 dollars at $1938/oz