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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 Jun 03, 2013 6:40pm
119 Views
Post# 21477803

RE: Less liquidity

RE: Less liquidity

No one is questionning the quality of the assets....consolidation of 25 to 1 is  counter "shareholder friendly" which ever way you look at it...this company simply has way too much valuable assets to have only 15mil shares issued and that leads me to believe the shareholders will be the biggest losers in the consolidation process....Colombia mining authorities do talk the talk but they don't walk the walk....many companies that have ventured into the area will attest to that....the way i see it ,the long term investors have stuck by this company for almost 3 years and now that the company is about to get its act finally together, the small shareholders are about to be decimated by 25 for 1 consolidation.....aside from great assets, this company has the best structure i have seen in a long time an i simply do not understand which ignoramus came up with the consolidation idea....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