Aris Mining Corp. T.ARIS

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

Metals & Mining Gold

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

Aris Mining Corp.

Bullboard Posts

Comment by ts9222on Apr 20, 2017 9:21pm

185 Views

Post# 26146625

RE:RE:RE:RE:RE:RE:amazing news after R/S 5 fold easy from this level

Using that conservative definition, ALL exploration companies are worth $0.
They have negative worth since all of them are losing money with negative EBITDA.
Anbody who holds exploration companies can now give me their shares for free. But you'll have to pay me to take those shares off your hands because they have negative worth. :-)

Method wrote: I hear you TS.

My approach on investing is margin of safety and conservative estimates so that's why the small multiple and no value for Marmato.

You are absolutely right when we get to that valuation there will be lots of analyst coverage and index inclusion and people will be looking at the blue sky and there will still potentially be a multibagger available for those new investors. All of this assumes a flat gold price too. What if it goes up?

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