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Aris Mining Corp. T.ARIS

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

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. > News Check
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Post by tobinator01on Oct 31, 2022 5:19pm
349 Views
Post# 35061357

News Check

News CheckI looked at two other Colombia operators Soma Gold and Parex Resources stocks.  Neither had a late day sell off.  So my conclusion is there isn't a Colombia specific negative event that caused the sell off out there (so far).  A search for other news out there came up empty.

The stock was only off $0.03 to $3.07 for most of the day, outperforming the HUI.  Then off $0.10 3.00 at 3:54 PM.  The big dump of shares occured in the final six minutes of the day.  The ARIS A series warrants finished up 5%.

We could have witnessed margin call selling that triggered stops and created the avalanche.

I emailed Aris and suggested they put out a press release before people get spooked for no reason.  Afterall, it is Halloween.
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