Aris Mining Corp. T.ARIS

negotiation

[rotax1]

https://www.valoraanalitik.com/2021/03/12/viene-negociacion-clave-para-minera-canadiense-que-opera-en-colombia/

just google translat 
but look like only gcm and gold x are in this move

What is known, according to Valora sources , is that the operation would be between the two mining companies Gran Colombia Gold and Gold X, a Canadian company. It is worth mentioning that the fixed details of this new operation would be known through a press release, which would be published in the next few hours or even until Monday, March 15.

[likeike]

hot dam my apologies Menolittle I like this arrangement more already as I see it more  equitable to all. What is known, according to Valora sources , is that the operation would be between the two mining companies Gran Colombia Gold and Gold X, a Canadian company. It is worth mentioning that the fixed details of this new operation would be known through a

[Wayned52]

ike , pretty sure you are onto it . GLDX is gone but not GCM .

[Heywood_Silvers]

So, the peanut gallery believes that we are looking at a GCM acquisition of GLDX?  OK, I am curious what the acquistion ratio would be.  The lowball offer last time which fell through was 1/2 a share of GCM per share of GLDX if I remember correctly.  As a GLDX shareholder, I would want at least 0.75 share of GCM per share of GLDX in order to vote yes on a pending deal. Remember

[invest234]

they could look at it as a merger rather than an acquisition. goldx needs the cash and gcm management team to build the mine. without gcm, goldx would still be diluted from acquiring cash funding but still need to find a management team with experience in that location. with gcm continual cash generation goldx can avoid that funding dilution and gain all the assets of gcm. they make a good match.

[valueu1]

you are right - GCM goes from undervalued optionality to more undervalued complexity?

[prem124]

I think merger is likely or acquisition by another. I hold shares in both and would vote against acquisition of gldx at a premium.

[Heywood_Silvers]

Well, go ahead and run the numbers.  GCM's and Aris's M&I resources pale in comparison to GLDX's elephant-sized resource.  You think an elephant is going to come cheap?! We know the 0.5 share offer was too low.  Personally, I would love to get 1:1, but I know that isn't going to happen.  So, I'm comfortable with splitting the difference at 0.75

[menoalittle]

ha! what are you smoking? this all appears to be little more than a financing deal of some sort to me.  GCM has cash.  GLDX needs it to build road.  The man with the cash always has the upper hand, so expect GCM to end up with more shares (and warrants) of GLDX on its balance sheet (at a reasonable discount to current market price) in exchange for some of GCM's cash.  Good

[likeike]

I can see more pain in your future Menosomething. This is all guessing and do think they will come up with something more than just the road and perhaps something far reaching as actually getting some shovels in the ground as well. You remain just talking peanuts when this elephant has been snoozing for too long. The likes of Friedland and Matysiuk do no show up just to build a road. IKE

[menoalittle]

you two are both on the knuckleheads, dreaming of some astronomcial take out or "merger" with this El Dorado style cash cow called GCM.  Guyana Gold (and Sheridan) talked for years about how big the "size" of the gold in the ground there was, yet when it got around to being dug out of the ground it was no where even close to what their projections were. You say GCM doesn

[menoalittle]

>> you two are both on the knuckleheads a pair of knuckleheads... lol. however you want to say it.

[likeike]

I thought we had already resolved KNUCKLEHEAD 2 years ago Menoalittle  (nothing diminutive about that). KNUCKLEHEAD is a very rare 4 cylinder Indian motorcycle engine. The last one that sold I posted for you sold for  $19,000. You just cannot find them anymore. Both Heywood Silver and  I think it is inappropiate that you give us such a compliment in these  circumstances

[menoalittle]

>> Still think we mite be blindsided to how far reaching this announcement beomes.  Actually, I would not be one bit surprised if a funding deal (or a mere agreed upon proposal for funding) to be used for building the road turned into a Zijin buyout offer for GLDX.  That'd certainly ring true with (and have a certain similarity to) Zijin's response to GCM's

[likeike]

Heywood Silvers long time no hear.... there is no reason I still don't love you man. You hit the nail on the head...all this yacking and no one wants to say size matters. I to would be happy with .75 on this very long grind. Speaking from the walnut gallery (allergic to peanuts) (elephants still like them) I still see Friedland as shaking the tree with the Chinese. Throwing big number of

[Heywood_Silvers]

Hi Ike, I've always felt that GCM would be the ultimate suitor for GLDX.  I gladly voted a few years ago to make GCM a control person of the company.  I say let the Chinese be the foil that protects us from being acquired on the cheap by GCM.  I don't want a quick buck via a cash offer from the Chinese.  I have been in GLDX for about 6 years and am here for the long

[likeike]

Hi Heywoods.I agree more or less with you and have been here I believe closer to 10 years so raise your 6 so let us keep long hauling. You really got a lot of support for GCM on that one post of yours yet the responses kept flogging how wonderful GCM and how worthless GLDX is. NOT one response mentioned that GLDX is a 15 million oz gold ore body that can only  prove out more ounces in

[invest234]

it is you two who are so in love with your goldx that you felt compelled to jump from your goldx board to the gcm board calling gcm holders peanut gallery to try to convince everybody how vastly better goldx is compared to gcm+aris+juby+goldx+segovia+zancudo+venezuela+$100milcash+actual mine building team, have no oz compared to goldx. gcm's goldx holdings have no oz while goldx has all the oz

[menoalittle]

>> i am voting NO for all my shares. as will I

[prem124]

I will also vote no. In my view GCM is more undervalued. This is not value adding to GCM. Terrbile deal. Much better way of increasing production would have been to increase production out of Segovia,

[tsoprano24]

I'm thinking I will too. If for no other reason than to send a message that these deals are good for someone, but never me and the long term sufferers. Deal after deal after deal and we remain undervalued. We could buy out Barrick and trade at 6. And, as always, we are faced with another buying opportunity. I'm guessing that we can't buyback during this period so this new leg down

[Heywood_Silvers]

Go ahead and vote no then, I have voted on on a fair share of merger proposals I've felt haven't benefited me. Remember though, it is a matter of perspective.  Although I think the offer is a bit light as I would've preferred 0.75, the .7 shares is close enough to acceptable where I will likely vote my shares yes as it does represent at least a legitimate offer from GCM. There

[menoalittle]

>> What we have to see now is whether or not this announcement elicits a subsequent offer from an outside party. That's the wild card in this scheme, and why I'm not about to sell or cut loose of any GCM shares.  There is a reasonably decent chance that Zijin (if they have any smarts about how to make that Guyana acquisition pan out) will move to nix the deal and scoop up

[Thales42]

it could be a poker game, but it could also be what SI was telling us all the way - that his vision was to make GCM a 500,000 oz producer. Also I do not believe that we need up to 4 years to bring this open pit operation to  production.

[likeike]

it could be a poker game, but it could also be what SI was telling us all the way - that his vision was to make GCM a 500,000 oz producer. Also I do not believe that we need up to 4 years to bring this open pit operation to  production. Thales I agree ...get the road built and things will happen quick IKE

[Brioche]

One piece of the puzzle is friedland and zijin works already together. And zijin is a big ivanhoe stakeholder .

[likeike]

>> What we have to see now is whether or not this announcement elicits a subsequent offer from an outside party. That's the wild card in this scheme, and why I'm not about to sell or cut loose of any GCM shares.  There is a reasonably decent chance that Zijin (if they have any smarts about how to make that Guyana acquisition pan out) will move to nix the deal and scoop up

[likeike]

so I am confused invest234 are saying the market is always right.? In my opinion the market has been dead wrong on GCM for al least a year. We are jumping to this board because that is where we will be after the  buyout unless the chinese or some white knight shows up. We have one big pit that is one of the largest gold properties in the americas that is ready to go just build the road

[invest234]

the market values aris/caldas at $325 mil, twice the market cap of goldx at $155 mil. aris has a well known proven mine building team, goldx does not. aris is fully funded, goldx is not. only when goldx is diluted until fully funded would goldx be worth as much as aris to be comparable. aris will soon be making money producing at 50k oz/yr then almost 200k oz/yr, goldx is not producing yet

[lumpy13]

invest234:  Good points and agree.  I have shares in both ARIS and GLDX, like the fact that R. Friedland is involved with the latter, but it's a long way from producing. I have been investing more in miners that are close to or have a plan to production.  We're at that point in the gold cycle that producing or almost producing mines should benefit most from a rising gold

[invest234]

and how can you say your goldx shares are a lot more valuable than the SAME goldx shares gcm holds? gcm holding 20% (or more after exercising all instruments) of goldx $155 mil market cap is $31 mil, so goldx minus gcm holding is only $124 mil. so you are saying your $124 mil goldx shares should be highly valued compared to gcm $203 mil share holdings (containing mostly aris and $31 mil of goldx

[kkkrrr]

sll4 companies are undervalued .. GLDX,GCM and ARIS ..i own shares of all 3 ... so a deal between GLDX and GCM would be nice...   maybe its a move to force a offer from the chinise ...but unlikely

[menoalittle]

>> ... we are looking at a GCM acquisition of GLDX? No, I don't believe that for a split second.  Perhaps GLDX is short on cash (which GCM has a nice pile of) that is needed for building a road (to you know where) which is outside of the scope of any funding arrangements with Wheaton... and it's probably something that Zijin is using as leverage against any negotiations

[tsoprano24]

Im confused. Didn't we spin this off? Why buy it back? There have been so many side deals with other people getting millions in cash from the company I own, gcm. Serafino seems to make money off each deal, not me. Is this the company with Frank Guistra? If so, can we count on him getting paid millions for doing nothing again? I'm starting to hope the whole shitand caboodle gets bought out.

[kkkrrr]

you don't like deals? then sell ..i would like an deal because cash at the bank is worth much less as more shares of an company (GLDX) with an NPV near 1 billion USD ... what a nice deal giving away some cash against shares at discount+warrants for developement of an asset wich is worth 5-10x more as todays price.... ...GLDX is for sale not far in the future .Maybe the road is important

[Wayned52]

Tony , I think next week will end with GCM sitting on a huge pile of cash and good bye GoldX . What concerns me is what will happen next . Maybe an aquisition we have no clue about . Would I love a 15% dividend . I could live like Harry and Meghan but I`d get rid of Meghan , speaking about digging for gold .

[likeike]

Wayned52 how dare you impune the royal family honor by slighting Meghan the Duchess of Sussex. You cad I demand satifaction. The dictates of reason imply that you at least need a verbal tongue lashing. IKE

[Wayned52]

IKE , isn`t it enough that I was already b+tch slapped by Julie Payette for speaking out of turn and not bowing properly ?

[prem124]

Ike at this stage we don't even know what thereason for halt is and none of our posts have material impact on any decisions.

[likeike]

Are you saying we shouldn't have a little fun? IKE

[likeike]

As long as you curtsy in my general direction things are OK. Never liked Julie Payett from get go...thought she was just a bitter divorcee Sending her into outer space was a good idea....taking her back questionable.IKE