Aris Mining Corp. T.ARIS

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

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.

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Aris Mining Corp.

Bullboard Posts

Comment by baystock1on Nov 22, 2012 2:24pm

185 Views

Post# 20632647

RE: RE: Shorts have not significantly increased

>But, the dream is only partially complete. What makes this one different is the money and people behind the plan. Even then I've been burnt in the past, so I'll buy, hold and pray this one is different this time.<I

I think less praying would be required if insiders would step up to the plate even more than they already have and increase their combined ownership stake in Gran Colombia to well over 10%. In addition to management being competent and having a track record, it would inspire a lot more confidence that management and shareholders interests are aligned if they were to also have enough skin in the game. And since a few of the insiders such as Serafino have considerable wealth, I don't think a combined 10-15% insider ownership stake in GCM is an unreasonable expectation.

Bullboard Posts

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