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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
Post by Yogie1on Apr 12, 2017 10:15pm
240 Views
Post# 26115899

I got phoned

I got phonedI just got a phone call asking me to vote as recommended by the GCM management. 15:1 consolidation and extending the 2020 debentures to 2024. The strange thing is they never phoned my # they phoned a land line that has nothing to do with me that belongs to another family member. I think that's a little strange. I'm still thinking about yes consolidate or no vote it down. I only owned 1 stock that did well after consolidation and sat on it for years before it took off and before it took off the price dropped down to the pre consolidated price. Sort of had to wait them out. Using a multiple amount of analysis all of them indicate that GCM is undervalued some place between .27-.73 cents. When I first researched GCM, that took weeks, I knew there would be a consolidation but NOT until the 2018 and 2020 debentures were completed as nobody would know exactly how deluted GCM would become hinged on how many debentures could be bought back and desolved. That yellow gold stuff sure makes greedy people greedier and sure we all invested into this play to profit. Still going to do a bit more thinking and does anyone have a good explanation why this consolidation should happen now without throwing in that institutions won't look at it under a dollar or day traders are having a dream come true with the 10% price fluctuation. Thanks the Yogiemyster.
Bullboard Posts