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Aris Mining Corp T.ARIS

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

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

Bullboard Posts
Post by fortun8on Oct 19, 2012 6:41pm
216 Views
Post# 20505091

Read the news carefully: its says they bought it

Read the news carefully: its says they bought it

for accounts they manage so if they bought it  when this company went public and then decided to average down, then its a simple strategy of "long term holding" so i'm sure by 2015 or 2016 if all goes well then i believe the the share price and the warrants will be much higher where a significant profit might be realized....that is if all goes well and if its not taken over sooner....I personally see this as news about no news....the things to watch for are: funding, maintaining decent structure (no dilution or less dilution), permits for Marmato, drop in production cost and increase in production....those are the only factors that are going to genuinly make a significant difference in increasy in share price...this is all my own opinion and i urge you all to do your own due diligence as i have been wrong on many occasions

Bullboard Posts