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Aris Mining Corp. T.GCM


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

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.


TSX:ARIS - Post by User

Comment by Stratocheifon Mar 06, 2022 10:46am
161 Views
Post# 34487922

RE:RE:RE:Someone will let the cat out of the bag.....

RE:RE:RE:Someone will let the cat out of the bag.....They produce 200k oz. A rule of thumb I've been using for a good miner is about 400 million market cap per 100k oz at these gold prices. This fluctuates. 2 years ago with energy and other costs lower and gold a bit higher, it was 400 million. Now it's 350 million or maybe lower. So an estimate of its fair value market cap is somewhere between 6 to 800 million (right now 550 million), or 6 to $8 per share as gcm has 100 million shares. And it's not just a rule of thumb I use. Lots of brokerages and analysts come up with a "fair value" using algorithms that take a number of factors into account and if you check a few you will see they have the same fair value for gcm at this point in time. The future of course no one can predict. Depends on gold price, sentiment, geopolitics, outcome thier future projects. Yes I know they own 40% of Aris and so on. But such is the case with most isn't it. They all have subsidiaries and other investments
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