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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 tobinator01on May 16, 2024 3:18pm
153 Views
Post# 36044054

Anyone at the AGM today?

Anyone at the AGM today?I think value buyers showed up strong today.  The stock should have tested the low in a more spirited way.  The Annual Meeting started at 10 PST today.  One would surmise by the trade Bulls liked what they heard.

As my post yesterday showed, all you need is a few basic assumptions and calculator to show Q1 is an outlier.  Management said they were going to intercept higher grades throughout the year.  The Segovia plant was down in Q1 for maintenance, which is not anticipated for 2024.

Today Aris stock's rose and erased half of yesterday's loss, which is a great rebound for a very high volume sell off the day before.
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