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Aris Mining Corp. T.ARIS

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

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

Comment by menoalittleon Aug 28, 2020 3:57pm
241 Views
Post# 31471241

RE:RE:RE:RE:RE:RE:Insiders buying

RE:RE:RE:RE:RE:RE:Insiders buyingLook at the chart.  Simply put, anyone with half a brain the should be able to surmise that the stock would NEVER trade like this if in weren't being "played" by some very big players.

Once you figure that out, you have to start asking yourself... why?

There's always a financial motive for such game playing. And it's a logical and pretty safe bet to say... because a big move (either up or down) is being anticipated for it in the near future. 

So... the real question is... which way is most likely?

Frankly, further down (if even possible) would probaly require gold prices to be at least back below 1650-1700 (which I just don't see happening.)  However, if gold prices hold current levels (nevermind thinking they might go higher), the reality of cash flow coming from GCM's Q3 is eventually going to hit this market like a freight train.

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