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Aris Mining Corp. T.ARIS

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

Metals & Mining Gold
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

Aris Mining Corp. > Highest Close in 2 Weeks
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Post by tobinator01on Oct 26, 2022 4:27pm
256 Views
Post# 35051258

Highest Close in 2 Weeks

Highest Close in 2 WeeksThe $3.04 close is the highest since October 13th.  Maybe the jaded seller lamenting the loss of the dividend is sold out?  With the US dollar index closing below its 50 dma today, Gold may continue higher and bring a lift to the PM sector.

There are 556,000 shares short as of October 14th (per yahoo finance), which is 3 days of average trading volume.  If they were smart, the covered under $3.

We should see the 3Q earnings report next month.  I am hoping for a definitive gold production forecast for 2023 and 2024.  Marmato underground operations and the mill capacity up grade at Segovia from 1500 to 2000 tpd, are near term drivers for the company.
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