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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
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Comment by BuenaSuertaAtodon Mar 17, 2017 1:28pm
207 Views
Post# 25994447

RE:RE:.11 by end of day

RE:RE:.11 by end of day
tootall123 wrote: I sold all of my GCM this morning broke even, good luck to all...

GOLD IS KING...


Sorry to see you out at only 10 cents tootall. It looks to me like a little patience would have given you a 5 or 10% gain.

I don't know about the EOD today.

But between the IAM Gold announcement, the debenture extension announcement, the fact that GCM has paid off it's high-priority back taxes - positioning it to replenish sinking funds & snap up some cheap debentures, and the recent announcement that current (or slightly lower) POG yields $15 million FCF to buy back debs (no surprise given the level of production & costs), I think $0.11 is a very modest short term target. About 2 million shares bought would take us to $0.11, and less than half a million more could buy up everything offered below $0.115. The shorts have been covering - wisely no doubt.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities