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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

Post by tsoprano24on Apr 10, 2023 12:13pm
270 Views
Post# 35386813

Stock buyback

Stock buybackIn spite of $2000 we still are making no headway. In the past the only respite from this dismal stock price has been during stock buybacks. Management can't possibly be too busy to put ours back in play, can they. I mean cashing their checks and a few meetings at good restaurants can't take up that much time. They have the money, more is flowing in and we sit at prices that warrant 1600-1700 gold prices. It is readily apparent to anyone looking we have no real support. Day traders and shorters make up most volume each day. I don't want to rock this steady tugboat but maybe a stock buyback would take some of the excess off the street. Maybe get us to a price we deserve. I never looked, but I am guessing stock options aren't based on stock price but, what, having a pulse? I imagine this will kick start the posts about we are doing this and that, but really we are languishing. We've been doing this and that for ten years and only movement up has been when the buyback is involved. No other company is sniffing around. Just day traders and shorts playing the game. Buy back a few million lousy shares and at least throw a wrench into the game. Not like you're busy doing anything else. 

T
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