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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
Comment by ts9222on May 10, 2017 6:26pm
79 Views
Post# 26228554

RE:RE:RE:Where Are All The Institutional Buyers?

RE:RE:RE:Where Are All The Institutional Buyers?Already said before, there is nothing preventing companies from diluting if their share price is under a dollar. They can just as well dilute at 2 cents a share. Reverse split isn't the cause of dilution, the company losing money and needing cash is the cause of dilution. When will people get it through their thick skulls that reverse split is irrelevant?

In the conference call they already said they didn't need to dilute to pay the 2018 debs when it comes due.


Highwired7 wrote: A reverse split can also lead to dilution after dilution as well as lowering the share count of shareholders, thus limiting potential gains. These outcomes are dependent on the companies assets and management, they seem to have the goods, I can only hope GCM management behaves responsibly in these respects.


Bullboard Posts