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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
Comment by fortun8on Feb 04, 2013 6:20pm
322 Views
Post# 20936828

RE: RE: what a shame

RE: RE: what a shame

I sense that for too long the company has over promised and under delivered which if you look at the 3 year chart then you will see how decimated the share price has become....Colombia has become in my opinion fairly unattractive jurisdiction for mining (far too many companies paying too much and waiting for permits that take way too long and a taxation system that in my opinion is structured more for a banana republic than a civilized 3rd world country)....just to point out that this is the biggest producer in Colombia at 0.265 cents....how can you use words like gold,production,number one producer, 0.265 cent in one sentence?...many people had hoped that this would have been the company that would make Colombia look good as a destination for mining,business and overall for making Colombia's reputation for better....so if you add all this the fatigue sets in ....i believe the only way this can bring confidence back is for the insiders to buy (and i don't mean one person but rather most of them) and increase the production along with lowering cost....then you might have people looking at it again....the only good thing is that the IR is formerly from nortel which means he has experience with declining share price so we can take comfort knowing that he knows how to handle unhappy investors......this is all my own opinion and i urge you all to do your own due diligence as have been wrong on many occasions and i could easily be wrong this time as well

Bullboard Posts