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Aris Mining Corp. T.ARIS

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

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

Comment by menoalittleon Apr 22, 2021 11:27am
100 Views
Post# 33044783

RE:RE:RE:Approaching new 52 week low

RE:RE:RE:Approaching new 52 week low The other possibility is GLDX shareholders are selling shares, arbitrators are buying GLDX and selling GCM short.  But, as you say, could just as easily be someone looking to "restrain" GCM's share price and/or some comination of these two things. 

However, IF (and that's an if that's growing bigger by the day now) there is another company intending to make an offer for GLDX, the announcement of it is most likely going to cause one heck of a spike in GCM's share price... which will, in effect, quickly diminish the initial "advantage" that any other offer might appear to have.  
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