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Aris Mining Corp. T.ARIS

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

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 drunk@noonon Mar 30, 2024 5:16pm
193 Views
Post# 35961276

tobinator:technically speaking you might want to add

tobinator:technically speaking you might want to addthe fact the 50 just crossed over the 200. And on high volume the last couple of days, the former being the day of the G-cross and yesterday being heavy volume  the follow up. My major fear, and may be a reason for the short interest, would be if the company did something dilutive in the from of a capital raise. I just got killed when CXB did a 100 mill PP which torpedeod their stock, left them stranded at $1.68, when they would've been over $2 by now. Like ARIS they have a cashcow mine that was supposed to fund their newly aquired newfoundland property. By-wap-just like that 100 mill PP at, needless to say, a price lower than current shareprice and of coust leaving it stranded their just as gold roared over the all important $2100 range- sacrificing current shareholders to ensure the investment banks would be able to use the historic jump in gold price to sell the placement. Hopefully the same doesn't happen here.
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