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Aris Mining Corp. T.ARIS

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

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 tobinator01on Oct 06, 2022 5:15pm
263 Views
Post# 35010720

RE:RE:RE:RE:RE:RE:RE:Stock Price

RE:RE:RE:RE:RE:RE:RE:Stock PriceThere's a heavy short presence in the stock trying to cap and force the price down to cover.  We won't know how large the short interest is until after October 15th.  My suspicion is we're looking at around over 1 million shares short.

I'd think there would be much better shorting opportunities in the Gold mining space than Aris.  They have substantial positive cash flow, large access to capital to develop mines so no new issuance of stock to dilute the stock.

The short sellers are likely hoping US CPI/PPI will come in hot next week causing the USD to soar and Gold to pull back sharply.  
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