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.

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Post by ts9222on Apr 27, 2017 2:05pm

241 Views

Post# 26175239

Company Looks Bigger

Is it only me or does the company look bigger now with the larger share price?
No longer a penny stock that looked like it was on the venture exchange, but now a full company on the TSX

With 16+ million oz of low cost gold, they certainly should be bigger. More low cost oz than just about all the companies on the GDXJ and more oz than even some on the GDX. It deserves to be closer to the $1 billion market cap when GCM merged from 2 companies than the crazy low current market value.

With the drop in gold price to $1263, it is still above the $1225 where they have a healthy $15m free cash flow. Many miners don't even have any free cash flow.

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