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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 cashmckenzieon Aug 21, 2014 2:20am
386 Views
Post# 22863446

RE:I strongly believe this company is over valued and not

RE:I strongly believe this company is over valued and notCan anyone tell me how a mining company is supposed to magically reduce production costs just because the POG fluctuates ? Every company is going to have different challenges regarding expense, and perhaps not always be profitable . I'm not defending Gran Colombia as much as trying to make a point regarding POG and cost of production as it relates to market timing. Look around and you will find no end to the amount of quality mining companies barely making a profit and who have had their share price demolished. I do not agree with management taking large paychecks at the expense of shareholders/ company, or share consolidation/ dilution however it just seems that everyone is complaining about share price and cost when much of the time not a lot can be done.
Bullboard Posts