Aurora Minerals (ASX: ARM) - 6.4c/share value trading at just 2.5c

If you’re on the look-out for a resources bargain in the current climate, consider this: a well-managed ASX-listed emerging resource play with strong cash reserves and a portfolio of astute resource investments worth a total of $7.5m (or 6.4c a share) – and then imagine you could buy that stock for just 2.5c. Sound interesting? Aurora Minerals (ASX: ARM) represents a mini resource investment house that has in place a new, high-quality management team that’s utilizing its solid cash reserves to invest in a trio of promising up-and-coming resource plays. Just today one of its investments, Predictive Discovery (ASX: PDI), released results from ongoing exploration work on its Boundiali permit in Cote D’Ivoire that has uncovered a 5.6km long gold-in-soil anomaly - suggesting a new and potentially large mineralized gold system. PDI’s share price rose by 33% on Tuesday on the back of the results.

Gavin Wendt
Founding Director

Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).

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