Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 ts9222on Jan 15, 2018 11:16am
187 Views
Post# 27359004

Q4 Record Production, near 200k oz for 2018

Q4 Record Production, near 200k oz for 2018Saying 175,000 oz for 2018 would imply they have some mini disaster in 2018.
They are currently producing over 200k oz/yr rate.

As said before their mine plan calls for around 195k oz for 2018 and 2019 if Marmato stays at 25k oz/yr. Add the newly converted illegal miners and they reach 200k oz.

The upcoming 2018 guidance will show a big jump.
Since they have been conservative with guidance, maybe they give guidance of 180k to 195k for 2018?

With the higher production and higher gold price, lower tax and improvements they have made, 2018 FCF could be well over $20m.

The more GCM buys back the more extreme undervalued it becomes. If the market doesn't buy, GCM itself will buy.
Bullboard Posts