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Aris Mining Corp. T.ARIS

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

Metals & Mining Gold
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

Aris Mining Corp.
Bullboard Posts
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(2)
•••
Comment by bart_dcon Jan 01, 2019 8:00am
115 Views
Post# 29174348

RE:RE:TIME TO BUY - BIG MOVE ON THE HORIZON

RE:RE:TIME TO BUY - BIG MOVE ON THE HORIZON

I don't see why management would wait for the gold notes to be redeemed.

The valuation won't stay this low until 2021 for sure.

 

With 50 mln USD free cashflow the cash position by mid 2021 would have grown by 125 mln USD.

The whole cash position, with no more debt outstanding would be higher than the market cap of today...

 

I think with gold prices approaching the 1.300 level, a buy back of shares or dividend would be a good management decision. 

No reason to hold that much cash (risking unnecessary or bad acquisitions when feeling rich).

 

What would everyone on this board expect to stock price to be at the end of 2019?

I expect it to end between 4 and 5 CAD if gold prices stay at the levels (1,250 - 1,300)
 

You all have a nice 2019!!

B

Bullboard Posts
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