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Bullboard - Stock Discussion Forum 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... see more

TSX:ARIS - Post Discussion

Aris Mining Corp. > Shorts up over 500,000 more
View:
Post by tsoprano24 on Aug 10, 2020 6:18pm

Shorts up over 500,000 more

Now over 2 million shares shorted. Understandable considering we are trading at a 3 p/e, have three other investments going up in value and money from GUY buyout coming. Of course debt is going down, which has to be viewed as bad. WTF? I know at one time Method said it had to do with the warrants, but it didn't make sense then and makes less sense now. Can someone explain why there would be such a huge short position on us? And, why you are at it, maybe explain why management doesn't buy back stock and put a hurt on them. Time to get a hedge fund involved for the lone purpose of spanking them. This is just ridiculous. 

T
Comment by menoalittle on Aug 10, 2020 6:46pm
>>  we are trading at a 3 p/e closer to half that, me thinks... >>  and money from GUY buyout coming me thinks, already cashed out. >>  why ... such a huge short position on us? said it before, but will say it again (though, could be wrong)... me thinks it's possibly being set up for a takeover.  nothing else makes any sense...
Comment by lumpy13 on Aug 10, 2020 8:07pm
Nope, the market doesn't trust mgmt/board/insiders to acquire GCM.  Too much funny business.  I can't see another company acquiring it, especially an unfriendly acquisition as they wouldn't get access to the necessary info. Like Wayned52, GCM will go up when the insiders decide they can make more money on the shares than their other machinations. That being said, the only ...more  
Comment by invest234 on Aug 10, 2020 9:25pm
just weak hands with sprott being weakest hand. the sooner weak hands sell the better.
Comment by gottschlich on Aug 11, 2020 7:46am
I am with you, invest234 - but to shake the weak hands out once more again, it will take some time. My (off course un-popular) opinion is that PM markets as well as PM miners would need again a small - but painful - selling desaster / wash-out to gain enough power for the next move up. No pain first - no fun later! Investors in our arena are whether manic or depressive. To achieve the next level ...more  
Comment by Silvergoldbull on Aug 11, 2020 11:29pm
Hey menolittle.  Down 11% today  why such a huge short position? to make a lot of money I guess
Comment by Rockhead46 on Aug 11, 2020 7:43am
If you have read any of my posts it's clear why this stock is sick and trades at such a massive discount. 1. management is not trusted by the markets, investors would rather pay up for clear leadership. The sooner they announce a strategic review the better as they can't be trusted with all of that cash. 2. Lack of consistent drill results to prove grades and resources will not drop off a ...more  
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