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Aris Mining Corp. T.ARIS

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

Bullboard Posts
Post by blackredon Jun 03, 2013 6:02pm
183 Views
Post# 21477720

Less liquidity

Less liquidity

Means less manipulation like we saw today. Now Goldman selling chunks of 500 shares all day was farcical to say the least but there must be a motive. 

 Colmbia right now is the most friendly mining jurisdiction in South America. 

GCM has a solid model better than most of its peers is Columbia. Whilst most companies will be looking at raising cashin this near  impossible market GCM is primo ducking and funding its own exploration in Sergovia and other mines. Recent drill results encountered visible gold, yes nuggets which suggests Sergovia could be massive.

Now the flagship Marmato mine will need cash going forward but with a potential 14 million ounces of gold and 80 million ounces of Silver GCM will probably farm out for exploration to a major and there has been interest already from majors I am led to believe.

All in all this stock is ridiculously cheap and I have been adding around 16 and 17 cents. They have 86 million from the gold link notes and a substantial amount from the silver linked notes. Consolidation fortun will not hinder the progress of GCM as this company hosts a project which is currently world class.

Bullboard Posts