Aris Mining Corp T.ARIS

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

Metals & Mining Gold

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.

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Aris Mining Corp

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Comment by ovison Jan 05, 2013 4:39pm

160 Views

Post# 20801970

RE: Gold to be Declared Tier 1 Asset Under New Bas

I believe that the gold market is very undecided about direction as the following market sentiment chart shows very clearly

https://www.goldminerpulse.com/charts.php

IMO if the market was expecting a smooth transition of gold to a tier 1 asset then I would have expected the market sentiment for gold to be more bullish. But my reading of the Market Sentiment chart says the market is rather undecided.

Also see King World News and the last interview with Stephen Leeb for an interesting take on why gold is going to be going up this year...

https://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/1/2_This_Is_The_Year_The_Chinese_Let_Gold_%26_Silver_Prices_Fly.html

So if you are the Chinese and you want to recapitalize your banks and get rid of those bad loans, you go along with gold as a Tier-1 asset and you let gold’s value rise. And presto, you have covered those bad loans and you’ve recapitalized your banks.

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