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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Post by liquorcon Aug 25, 2013 2:43pm

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Post# 21696265

$425 million in Equity

Almost a half a billion in equity with a $25mm market cap. Wake up, soon the share price will be $8 again, only one fourth of the equity, at $10 only 33%, but at $30 it will be one times equity. We would expect a writedown at the end of the year if the assets are compromised, but this does not appear to be the case. Make up your own mind, check the financials here.

https://www.grancolombiagold.com/files/GCM%20-%20Consolidated%20Financial%20Statements%2012-31-12%20FINAL%20(with%20Audit%20Report).pdf

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