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

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

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. > Why is this dropping hard?
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Post by wictory on May 11, 2023 12:40pm

Why is this dropping hard?

It seems very cheap to me. It will snap back in the coming days
Comment by invest234 on May 11, 2023 3:05pm
i think some people were surprised by the $51 mil drop in cash that was used to pay soto. that $51 mil appeared as current liability in q4 financials. q1 cash was used to pay it down. cash dropped, but current liability dropped also. it is like using cash to pay down debt. nothing is lost when cash cancels liability. aris total equity actually increased to us$513 mil from us$501. it was only a ...more  
Comment by invest234 on May 11, 2023 3:32pm
plus accounts receivable increased by $8 mil, accounts payable decreased by $6 mil, inventories increased by $3 mil. for a net positive of $17 mil. their vat receivable accumulated to $36.7 mil which they should receive next q to offset any annual tax.
Comment by kkkrrr on May 11, 2023 4:19pm
overreaction ... production was OK ... the outlook for the year is the same AISC -projection 1050-1150$ ... looks OK for me ...  administration-costs down ,   spending on Toro and marmato lower mine appr 10 million $ ...     production will rise in Q2 2023 ...    for me the glass is half full
Comment by rotax1 on May 12, 2023 9:30pm
true, but for me it's a good thing I was able to buy a full truckload of aris.wt.b from 1.65 to 1.30 I would never have believed that possible with a gold of more than $2000, approx 13000 warrants in 2 days buy low sell high I've been doing this 3 times in 1 year with ari$$$$