Aris Mining Corp T.ARIS

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

Industrial Metals & Minerals

Aris Mining Corporation is a gold producer in the Americas. The Company is engaged in operating two mines with expansions underway in Colombia. The Segovia Operation is located in the Segovia-Remedios mining district in the department of Antioquia, Colombia, approximately 180 kilometers (km) northeast of Medellin. The Segovia Operations comprises four active underground gold mining operations, which include El Silencio, Sandra K, Providencia, and Carla. It has over 11 titles with a total area of 5,335.58 hectares (ha). The Marmato underground gold mine is located on the west side of the town of Marmato, in Marmato municipality of Caldas Department, in the Republic of Colombia, approximately 80 km from Medellin and 200 km northwest of the capital city of Bogota. The Company is also the operator and 51% owner of the Soto Norte Project, which is advancing to develop a new underground gold, silver and copper mine. In Guyana, it is advancing the Toroparu, a gold/copper project.

TSX:ARIS - Post by User

Aris Mining Corp

Bullboard Posts

Post by glorieuxon Dec 20, 2011 11:56pm

387 Views

Post# 19340580

Fully diluted

Our share float would be 623M shares but our treasury would swell by 510M dollars as the average warrant/option is priced at $2.12. You also have to think that with the share price at
.38, for us to get to the f/d share float, our share price would have to be up about 500%. The share buy back may reduce this if they actually get it going!
Besides the large share float and the bad looking chart, I like everything else here and with production set to almost double in 2012 to 170k ounces and cost to decrease to below $1000 per ounce, we should see a significant repricing over the next few months.
Glorieux

Bullboard Posts

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