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 Mar 02, 2017 12:48pm

209 Views

Post# 25920465

RE:RE:RE:RE:GCM.T

Given the way the 2018 debs are structured, some conversions were highly probable sooner or later. It is good to have a few more $ millions less debt.

As the bid-ask spread can be very large on the debentures it's possible that when the stock is about even with the debenture conversion price those debenture holders looking to cash out are better off converting first.

I think the US$ up / POG down may have as much to do with the current pullback as anything else.

It would be great to see the debenture sinking funds replenished. But the debs are not what's holding the SP down today.

Bullboard Posts

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