Aris Mining Corp T.ARIS

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

Industrial Metals & Minerals

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

Aris Mining Corp

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Post by ChupacabraBuenoon Sep 06, 2018 3:44pm

87 Views

Post# 28574712

GCM.WT.B (not)trading @$0.71 (bid) to $0.99 (ask) as of now

Volume 0, but bid & ask are $0.71 and $0.99. What does that tell us?

It would seem that some warrant traders see an opportunity for profit buying at $2.21 (strike price) + $0.71 = $2.92 and some others are content to take profit at $2.21 + $0.99 = $3.20.

To put in another way: it would seem that people trading the warrants see just about any price below $3 as a buy, and $3.20 as the minimum price for a sell. It would seem that the the warrant traders are much more bullish on GCM than the common stock traders. Are common stock holders selling too cheap? Or are the warrant traders too bullish?

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