geodan Watch; Aris Mining Corp. The genesis of following management for exponential gains If you haven't already listened to the podcast I'm linking to in this post, do yourself a favor and take the time to listen carefully to the genesis of Aris Mining.
challenger426 just crunched some numbers using the POG around $1900 and ARIS seems extremely undervalued.
2023 Forecasts include:
230,000-270,000 oz production $1050 - $1150 AISC $19M non sustaining CAPEX costs 136M shares outstanding $1900/oz gold price
Using the above numbers on a worst and best case scenario, I get these share price forecasts:
$11.48 Worst Case $15.47 Best Case
Each $100 change in the average price of gold can swing the needle in those scenarios by $1.50 - $2.00 in the share price value. Therefore, even if the POG fell back to $1700/oz, ARIS is still undervalued by at least $3/share on a worst case scenario meaning they produce near the bottom of the range and the AISC comes in near the top of the range for 2023.
$mick LOOKS GOOD $GOLD Watch - Bill Holter on USAwatchdog paints a clear picture Discussion ?? , “There are over $2,000 trillion worth of derivatives outstanding on a global economy . . . that has maybe a little more than $500 trillion in asset values.
Abcourt recovered 1,662 ounces of gold since October 1, 2022 during the Sleeping Giant Mill Clean Up Abcourt Mines Inc. Wed, December 14, 2022 at 5:30 AM PST
ARIS MINING CORP. insiders are buying on the open market
I saw the insider under stockhouse.com (Aris) that Neil Woodyer bot 145,00 shares at $4.57 per share. The value is $662,650. He holds 2,164,889 shares. Interesting
$fink The Gold Standard & Large Deposits Of Gold Needed; ARIS Mining Corp. seems so undervalued
this is a valuation only based on production numbers... but ARIS devolopement-pipeline has a much bigger value .. the vbest part is..they can develope all projects step by step without the need of external financings... i hope not all warrants will be exercised -> less dilution of future profits... additional so this i hope they will start repay the notes soon by kkkrrr
$Aris Mining Corp. TM RE :The train is leaving the station? $10 coming soon? Red Cloud raised their price target from $11.50 to $12 on Monday :-)) with an outperform rating. by Dom
They are aiming for $250,000 ounces of production this year. The team is proven mine builders and is ramping things up regarding growth prospects.
Gold near all-time highs. Seems like the perfect storm?
Watch; Aris Mining Corp. The genesis of following management for exponential gains If you haven't already listened to the podcast I'm linking to in this post, do yourself a favor and take the time to listen carefully to the genesis of Aris Mining.
challenger426 just crunched some numbers using the POG around $1900 and ARIS seems extremely undervalued.
2023 Forecasts include:
230,000-270,000 oz production $1050 - $1150 AISC $19M non sustaining CAPEX costs 136M shares outstanding $1900/oz gold price
Using the above numbers on a worst and best case scenario, I get these share price forecasts:
$11.48 Worst Case $15.47 Best Case
Each $100 change in the average price of gold can swing the needle in those scenarios by $1.50 - $2.00 in the share price value. Therefore, even if the POG fell back to $1700/oz, ARIS is still undervalued by at least $3/share on a worst case scenario meaning they produce near the bottom of the range and the AISC comes in near the top of the range for 2023.
$geodan - $NEWS - $ARIS MINING UPDATES MINERAL RESERVES AND RESOURCES FOR THE SEGOVIA OPERATIONS WITH FULL REPLACEMENT OF 2022 PRODUCTION March, 03, 2023 VANCOUVER, BC, March 3 2023 /PRNewswire/ -
Aris Mining Corporation ("Aris Mining" or the "Company) (TSX: ARIS) (OTCQX: TPRFF) announces updated mineral resource and reserve estimates for the Segovia Operations in Colombia, effective December 31, 2022 (the "2022 MRE"). The 2022 MRE includes full replacement of gold ounces mined during 2022.
Highlights of the Segovia Operations 2022 MRE include:
Proven and probable mineral reserves of 755.2 thousand ounces (koz) of gold (Au) from 2.4 million tonnes (Mt) at 9.95 grams per tonne (g/t) Au. This compares to 744.7 koz from 2.3 Mt at 10.1 g/t Au as of December 31, 2021
Measured and indicated mineral resources of 1.7 million ounces of gold (Moz) from 5.0 Mt at 10.60 g/t Au
Inferred mineral resources of 1.6 Moz of gold from 5.3 Mt at 9.44 g/t Au
Extended growth history of mineral resources, net of depletion, since 2010 (see Figure 1) Neil Woodyer, CEO of Aris Mining, commented "Segovia is a high-grade gold operation that has been producing gold for more than 150 years. Following the 2022 in-mine and near-mine drilling campaign, we are pleased to report another year of replacing mined ounces with new reserves and resources. For 2023, we have planned an exploration drilling program of 84,500 metres at Segovia focussed on increasing the mineral reserves and life of mine plan, extending the known resources at the four producing mines, and further exploring strategic high priority vein targets located adjacent to the current mining operations."