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Aris Mining Corp. T.ARIS

Alternate Symbol(s):  N.AMNG.NT.U | T.ARIS.WT.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

Post by tobinator01on Jun 12, 2024 11:27am
164 Views
Post# 36084868

Nice Looking Wedge

Nice Looking WedgeBelieve it or not, Aris has former a Bullish formation, a Falling Wedge.  Wedges are notably quite good at predicting future directions.  The Aris short term wedge also has in its favor that downside volume is drying up.  Gold miners are a little tricky in chart analysis as the 800 pound Gorilla is the movements in Gold itself.  Assuming we don't see a repeat plunge of last week in the next few days, the Falling Wedge is predicting a change in direction (up).


Aris.TO 6 Month Chart
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