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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 Highwired7on Aug 16, 2016 7:11am
229 Views
Post# 25144982

RE:RE:RE:Current shareholders will be wiped out.

RE:RE:RE:Current shareholders will be wiped out.Not to be negative but, In the the Q2 CC the last question was, "are there any plans for future share consolidation?" the answer by CFO was no. If you look at GCM chart, select "Max" time scale, "Indicators" and then "Splits" you will see that this company has a history of "fwd" and "reverse" splits (the last being a whopping 1:25 on 6/18/13) going back to 2005, 6 to be exact. Please explain?

https://www.stockhouse.com/news/natural-resources/2013/06/17/gran-colombia-gold-set-to-consolidate-its-shares
Bullboard Posts