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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
Bullboard Posts
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(2)
•••
Comment by bart_dcon Jan 01, 2019 8:00am
116 Views
Post# 29174348

RE:RE:TIME TO BUY - BIG MOVE ON THE HORIZON

RE:RE:TIME TO BUY - BIG MOVE ON THE HORIZON

I don't see why management would wait for the gold notes to be redeemed.

The valuation won't stay this low until 2021 for sure.

 

With 50 mln USD free cashflow the cash position by mid 2021 would have grown by 125 mln USD.

The whole cash position, with no more debt outstanding would be higher than the market cap of today...

 

I think with gold prices approaching the 1.300 level, a buy back of shares or dividend would be a good management decision. 

No reason to hold that much cash (risking unnecessary or bad acquisitions when feeling rich).

 

What would everyone on this board expect to stock price to be at the end of 2019?

I expect it to end between 4 and 5 CAD if gold prices stay at the levels (1,250 - 1,300)
 

You all have a nice 2019!!

B

Bullboard Posts
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