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Aris Mining Corp. T.ARIS

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

Aris Mining Corporation is a Canada-based company, which is primarily engaged in the acquisition, exploration, development and operation of gold properties in Colombia, Guyana and Canada. The Company operates the Segovia Operations and Marmato Mine in Colombia. The Segovia Operations are located 180 kilometers (km) northeast of Medellin in the Segovia-Remedios mining district of Antioquia, Colombia. The Marmato mine is located in the Marmato gold district in the Caldas Department, a mountainous region approximately 80 km south of Medellin, Colombia. The Company is also the operator and 20% owner of the Soto Norte Project. The project is located within the traditional mining area of California, Vetas, which is located approximately 350 km north of Bogota and 55 km northeast of the city of Bucaramanga. The Company also owns the Toroparu Project in Guyana and the Juby Project, which covers an area of approximately 42,817 hectares and is located in the Cuyuni-Mazaruni Region of Guyana.


TSX:ARIS - Post by User

Bullboard Posts
Post by Johnnyboy851on Jul 29, 2017 12:15pm
166 Views
Post# 26525197

I think this company is ready for an activist investor

I think this company is ready for an activist investor
Gran Colombia Gold would be a perfect business opportunity for an activist investor. 

An activist investor can drive up the share price to the point where all debentures convert to shares. 
Then the activist investor can influence the board to make quarterly dividend payments among the 90 mil outstanding shares of 3 million $, maybe more. Being the board owns potentially more than half the shares, why would they not agree to this?
 
Free cash flow can convert to quarterly dividends instead of interest payments and exploration can still continue.
 
The share price would then be well above 3-4$ with a yearly return of 4-5% in dividends which is higher than any bank would give you in interest and you pay less tax on the returns from dividends.
 
 
 
Bullboard Posts