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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 Dec 18, 2012 8:13pm
244 Views
Post# 20748229

I strongly believe that this company still

I strongly believe that this company still

remains a good investment but there have been far too many disappointments, over-promises and under-deliveries and that has me hesitant in buying more shares....this company has so far raised almost $455 Mil but yet the market cap remains almost a third of that...the production cost remains astronomical specially for a country such as Colombia....I think next 12 month should signal if costs are coming down, revenues go higher and most of all the targets are met....i strongly believe if all improves then we could perhaps see the share price double in late 2015 or 2016.....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 and i could very well be wrong this time as well

Bullboard Posts