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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 21, 2012 1:06pm
167 Views
Post# 20507771

ofcourse the stock is going north of $2.60

ofcourse the stock is going north of $2.60

We all know that there are huge reserves on their projects and i personally feel the execution of the business has been inadequate but with time that will change as well in my opinion....just calculate the number of shares issued and add the reserves they have and then it should give you a good idea where this is headed IF they stay on track and execute the business plan with minimal glitches and then deduct the premium for jurisdiction (i'm no fan of colombia or any other backwater country but they seem to be cleaning up their act as a country as well) and management qualification for such a world class deposits (they seem to be qualified enough)....and most importantly this is a producing company....I personally believe if all goes well then in 2 to 3 years time this could be in double digits...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