Aris Mining Corp. T.ARIS

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

Metals & Mining Gold

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.

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Aris Mining Corp. > Messed up is all I can say

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Comment by tobinator01on Jun 25, 2024 1:58pm

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Post# 36105425

RE:Messed up is all I can say

I wouldn't beat yourself up too much. Miners are trailing the price of Gold and are at abysmal levels, historically speaking.

At the start of 2021 GCM spike to 8.00. The HUI-Gold ratio was 0.18. Fast forward today and the HUI-Gold ratio is 0.11 or 40% lower. GCM accounting for this ratio suggests the stock price would be C$4.90, if there was no reverse take over.

5 Year HUI to Gold Ratio

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How a junior advances one of the largest undeveloped diamond projects