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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 tsoprano1on Aug 14, 2016 12:56pm
97 Views
Post# 25140224

RE:RE:RE:RE:RE:RE:Looking at the big block orders that get put up

RE:RE:RE:RE:RE:RE:Looking at the big block orders that get put upThe way I imagine events here are that a small portion of investors are converting and selling to get into other income producing vehicles. Not exactly sure why they would feel the need short of looking at higher dividend/interest investments. I also think Guistra and at least one other investor are trying to keep a large percent ownership in common stock, so they wouldn't be selling. In fact I would think they would be buyers of common, if that were their intentions. Unless the debs convert into less shares at higher prices arbitragers would rather have the stock higher, wouldn't they? So I still don't see logic in keeping price down unless it has to do with conversion price. And I haven't read anything about that yet. I suppose if lower price helped in conversion to common then throwing a few million shares out at offer would make sense. But, again, it goes back to conversion rates. 

T
Bullboard Posts