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Aris Mining Corp T.ARIS

Alternate Symbol(s):  CLGDF | T.ARIS.WT.A | 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 commeilfauton Jul 29, 2016 4:13pm
168 Views
Post# 25097083

RE:RE:RE:RE:Bot 240,000 shares last 2 days. Who would be selling?

RE:RE:RE:RE:Bot 240,000 shares last 2 days. Who would be selling?
commeilfaut wrote:
SlowStoTrader wrote:

There is no selling IMO, just simple converts being made by debenture holders because they know that the company is poised for profit!  This is the advantage to unsecured debenture holders, if the company is not successful they get to sit back and collect the interest until business prospects shape up.  It is quite obvious that there is good (and possibly great) news on the horizon and the new bull market in GOLD is the catalyst moving forward as it will provide greater profit margins on the back of increased production!  Why in the the bageezus would CGM be conducting normal course issuer bids for its Senior Unsecured Convertible Debentures due 2018 (the "2018 Debentures") and its Senior Secured Convertible Debentures due 2020....Because they know debenture holders are converting like crazy...this may carry on for the next week and a half until earnings as on a fully diluted basis CGM would have 1.4B shares outstanding if all converts were made, but they will not be!  We are getting some shareholder dilution at them moment, but it will subside.  Just hang on and enjoy whats about to evolve!  



it makes sense, lets just hope you're right.


if you are right monday could be the end of this little game.
Bullboard Posts