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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 22, 2013 11:32am
271 Views
Post# 21028874

RE: Insider buys

RE: Insider buys

A few sporatic share purchases by the insiders are positive but not enough to indicate that the sentiment should be positive....what is needed is perhaps some good news, Insider purchases, steady hand that says all is good and we are going to deliver, address the high cost of production, resume the share purchase for cancellation, there is no doubt the assets are superb but at what cost? structurally the company is one of the best around and fundamentally is equally one of the best but it does need give some positive indication to investors so that we can once again believe that this can be a relevant asset that can be part of a stable portfolio but so far all we have seen is a catastrophic drop in share price and as per chart it seems the trend remains lower....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 easily be wrong this time as well

Bullboard Posts