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Re: trunkmonk post# 3014

Wednesday, 04/24/2024 10:12:46 PM

Wednesday, April 24, 2024 10:12:46 PM

Post# of 3018
Aris Mining insitu gold valuation supports $90 per share?

Do your own due diligence. So what's an oz of gold worth inground in the measured and indicated category currently?
Going with the latest acquisition numbers from the Newmont / Newcrest deal approximately $700 an oz is viable
when gold was valued at about $2000/oz.
That deal was sealed on November 6 of 2023. Arguments can be made for the synergies associated with that deal
as it would compare if to Aris Mining if it was acquired.
This is a back of the napkin valuation that we would discuss about at the local coffee shop. A $90 valuation per share
is definitely within reason. Just yesterday I saw a YouTuber make a trading valuation using charts for
Aris Mining of C$25 to C$48 per share within the next couple years. I personally made my own valuation model
late last year, these numbers are very plausible in a bull gold market.
That's why an insider can throw down a few hundred thousand dollars at these valuations.





Aris Mining is currently dirt cheap.
IMO!
Bullish
Bullish


My opinions are my own and and DD I post should be confirmed as unbiased

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