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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 internalauditon Jun 01, 2018 12:07pm
107 Views
Post# 28111705

RE:RE:RE:RE:RE:RE:NOTES....

RE:RE:RE:RE:RE:RE:NOTES....
Method wrote: They could redeem all of the old debentures at any time with no premium so it’s a bit of improvement for the note holders with the new terms. 


I bought back into GCM this month after selling at a slightly loss below $1.50.  Made some decent /comparable return on another stock anyway.   Anyway, I believe all of you when you say even at $3, this is still way undervalued.

For the 2018 debentures, is the conversion fixed at USD $1.95/share?  Because the August maturity is getting close, I guess most debenture holders who are not thinking of selling common shares at the current price level (and think the stock will not go below USD $1.95) will just hold on until maturity since the conversion ratio is fixed anyway?


Bullboard Posts