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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
Comment by ts9222on Apr 20, 2017 2:51pm
133 Views
Post# 26144711

RE:RE:We could close at 10 cents by end of week

RE:RE:We could close at 10 cents by end of weekThey're not fully funded either. Their access to debt package is dependent on issuing $150m in additional shares.

kkkrrrr wrote:
the current CEO seems to be a honest guy ...  the problem with GCM was the past management...they diluted the stock to hell ...  but current manegement is willing pay down debt and buy back debentures instead of spending money on all fronts at same time.. this makes me feel good here.....    the balance sheet is healthy now and future cashlow can be used to buy back 2024 debentures and investments in the 2 mines ...   could be a great story from now on....

look at the marketcap of continental gold..they are already cheap compared to other miners/developers.. but their marketcap is near 400 million$ without a producing mine .....


Bullboard Posts