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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 May 11, 2017 7:31pm
187 Views
Post# 26234416

CNL up +32.85% today

CNL up +32.85% todayWow big moves today. Newmont bought 19.9% of CNL because they have a world class deposit. Bought well above market price and didn't have to be a complete takeover. Colombia safe enough for Newmont and IAMGold.

GCM also has a world class deposit in Marmato, low cost and much more oz than CNL. Sometime in the future when GCM share price is above conversion price, they can do the same. Marmato capex is $300m to get back $1.6 Billion. That makes current GCM share price CRAZY undervalued. With Segovia alone GCM is undervalued.

https://www.stockhouse.com/news/press-releases/2017/05/11/newmont-invests-in-continentals-high-grade-gold-project-and-exploration-prospec
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