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Aris Mining Corp. T.ARIS.WT.A


Primary Symbol: T.ARIS Alternate Symbol(s):  CLGDF | N.AMNG.NT.U | ARMN

Aris Mining Corporation is a gold producer in the Americas. The Company is engaged in operating two mines with expansions underway in Colombia. The Segovia Operation is located in the Segovia-Remedios mining district in the department of Antioquia, Colombia, approximately 180 kilometers (km) northeast of Medellin. The Segovia Operations comprises four active underground gold mining operations, which include El Silencio, Sandra K, Providencia, and Carla. It has over 11 titles with a total area of 5,335.58 hectares (ha). The Marmato underground gold mine is located on the west side of the town of Marmato, in Marmato municipality of Caldas Department, in the Republic of Colombia, approximately 80 km from Medellin and 200 km northwest of the capital city of Bogota. The Company is also the operator and 51% owner of the Soto Norte Project, which is advancing to develop a new underground gold, silver and copper mine. In Guyana, it is advancing the Toroparu, a gold/copper project.


TSX:ARIS - Post by User

Post by drunk@noonon Mar 30, 2024 5:16pm
212 Views
Post# 35961276

tobinator:technically speaking you might want to add

tobinator:technically speaking you might want to addthe fact the 50 just crossed over the 200. And on high volume the last couple of days, the former being the day of the G-cross and yesterday being heavy volume  the follow up. My major fear, and may be a reason for the short interest, would be if the company did something dilutive in the from of a capital raise. I just got killed when CXB did a 100 mill PP which torpedeod their stock, left them stranded at $1.68, when they would've been over $2 by now. Like ARIS they have a cashcow mine that was supposed to fund their newly aquired newfoundland property. By-wap-just like that 100 mill PP at, needless to say, a price lower than current shareprice and of coust leaving it stranded their just as gold roared over the all important $2100 range- sacrificing current shareholders to ensure the investment banks would be able to use the historic jump in gold price to sell the placement. Hopefully the same doesn't happen here.
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