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.

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Comment by bart_dcon Aug 07, 2019 8:36am

133 Views

Post# 30000929

RE:GCMs delta on (higher) gold prices

Fully agree with your assessment. The 48 mln USD alone would be able to support the current market cap.

If you take into account the 100 (even 120+) mln profit before tax this stock should easily trade at a market cap of 500mln+ USD.

This would give a market cap of 9.50-10 CAD back of the envelope.

I had 8 in my mind at 1.400 USD gold prices. So the 9.50 at 1.500 makes a lot of sense.

Still very much under the radar this one, don't forget this.

Trading 500k shares a day, or more, will signal that we are no more under the radar.
But just as is the case with Wesdome, then the stock will be a LOT higher.

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