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Bullboard - Stock Discussion Forum Aris Mining Corp. T.ARIS

Alternate Symbol(s):  N.AMNG.NT.U | T.ARIS.W.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. > Highest Close in 2 Weeks
View:
Post by tobinator01 on Oct 26, 2022 4:27pm

Highest Close in 2 Weeks

The $3.04 close is the highest since October 13th.  Maybe the jaded seller lamenting the loss of the dividend is sold out?  With the US dollar index closing below its 50 dma today, Gold may continue higher and bring a lift to the PM sector.

There are 556,000 shares short as of October 14th (per yahoo finance), which is 3 days of average trading volume.  If they were smart, the covered under $3.

We should see the 3Q earnings report next month.  I am hoping for a definitive gold production forecast for 2023 and 2024.  Marmato underground operations and the mill capacity up grade at Segovia from 1500 to 2000 tpd, are near term drivers for the company.
Comment by kkkrrr on Oct 27, 2022 2:38am
Marmato expansion news , Marmato Reosurce update , Toroparu FS  .... a lot of catalysts ...    a timeline for Toroparu+Marmato mine expansion would help a lot.....    why this 300 million USD Notes? they have to pay interests on this debt and no start of construction... i think this is one of the problems for the SP. They should use the cashflow frm Segovia paying down ...more  
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