Aris Mining Corp T.ARIS

Alternate Symbol(s): CLGDF | T.ARIS.WT.A | ARMN | N.AMNG.NT.U

Industrial Metals & Minerals

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

Aris Mining Corp

Bullboard Posts

Comment by BuenaSuertaAtodon Dec 02, 2016 4:52pm

153 Views

Post# 25548902

RE:AMY...good day to get in

Not sure what AMY is - but GCM had an adjusted EBITDA of $19.7mil in Q3 with an average realized gold price of $1296 & 39,017 ozs sold.

All other things being equal (which they never are - but I'm trying to keep this simple), an average realized gold price of just $1100 would still give an EBITDA of over $12mil. Q4 results are bound to be much better than that with just month to go and Oct having started near the $1300 mark.

Looking forward to 2017, if we return to $1100 gold, GCM should still be hitting $12milish EBITDA each quarter - based on the last quarter results. Not bad for a company with it's market cap.

Bullboard Posts

BCG-Unresponsive Non-Muscle Invasive Bladder Cancer Carcinoma-In-Situ: A Patient's Guide