Aris Mining Corp T.ARIS

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

Metals & Mining Gold

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.

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Aris Mining Corp

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Comment by ts9222on May 10, 2017 4:00pm

113 Views

Post# 26227859

RE:Where Are All The Institutional Buyers?

I repeated over and over that reverse split is irrelevant and does nothing except ALLOW institutions to buy above a dollar. It doesn't mean institutions MUST immediately buy. The share price moves based on profitability of the company which is affected by the gold price. Reverse split is irrelevant.

Like i said before, the ordering of what happened with NMI is first there are analysts, then institutions. Institutions want corroborating evidence. GCM doesn't have any analyst yet. NMI got an analyst after a few months and that was fast because the new management had connections. I wouldn't expect institutions to buy GCM except the ones that don't mind taking high risk like Sprott.
As said before, if the market doesn't buy, GCM itself will buy.

If you don't have the patience to wait 6 months to 1 year, move to another stock you wouldn't mind waiting for.