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Aris Mining Corp. T.ARIS

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

Aris Mining Corporation is a Canada-based company, which is primarily engaged in the acquisition, exploration, development and operation of gold properties in Colombia, Guyana and Canada. The Company operates the Segovia Operations and Marmato Mine in Colombia. The Segovia Operations are located 180 kilometers (km) northeast of Medellin in the Segovia-Remedios mining district of Antioquia, Colombia. The Marmato mine is located in the Marmato gold district in the Caldas Department, a mountainous region approximately 80 km south of Medellin, Colombia. The Company is also the operator and 20% owner of the Soto Norte Project. The project is located within the traditional mining area of California, Vetas, which is located approximately 350 km north of Bogota and 55 km northeast of the city of Bucaramanga. The Company also owns the Toroparu Project in Guyana and the Juby Project, which covers an area of approximately 42,817 hectares and is located in the Cuyuni-Mazaruni Region of Guyana.


TSX:ARIS - Post by User

Comment by Heywood_Silverson Aug 19, 2022 9:04pm
189 Views
Post# 34908793

RE:RE:RE:RE:RE:RE:I hold thist Stock since Sandspring Resources.

RE:RE:RE:RE:RE:RE:I hold thist Stock since Sandspring Resources.Jay, most of us here do appreciate the dividend, it compensates us for holding shares that are otherwise whipped by the marketplace as a red-headed stepchild.

Maybe management doesn't understand what I learned early in finance school:  dividends are the end game and sole purpose for the existence of any corporation!!

Ending the dividend = poor optics. 

Considering that Colombia seems to be the monkey on the back of the share price, getting further entwined with Colombian assets might not have been the best choice of acquisitions from a jurisdictional perspective.

I am holding my shares for now, but if I am able to swap them out at preferable exchange ratios with some of my favourite PM juniors I will wind down my position with GCM.  Juniors in general have way more upside than the producers, if you pick the right ones.
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