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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 hockeylad33on Jun 19, 2013 3:45pm
295 Views
Post# 21543943

no accident

no accident

This looks orchestrated to me.  This is the 2nd rollback since they sold $260M during the IPO.  IMO there is a power struggle going on here.  Someone is now able to short this stock much easier than when it was at 0.15-0.20/sh.  They bought Frontino (Segovia) for about $210M and have pumped in another $150 give or take.  Plus there is Marmato.  Someone will try to take this private, or gain enough control to realize/steal the actual

 

boy oh boy what a disaster

Bullboard Posts