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.

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Aris Mining Corp

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Comment by ChupacabraBuenoon Feb 19, 2019 1:09pm

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Post# 29383251

RE:RE:RE:big News... Venezuela...

Method wrote:

tkirk62 wrote: Unless I'm missing something it's tough to tell when it's going to happen. The news release was unclear to me whether this is a short term priority or whether the spin off will be done/prioritized when the Venezuela situation clears up a bit (which could still be a long ways off).

Regardless, the market was valuing Medoro at zero, as was I, and the price action today shows the market has taken notice that there's another asset that can create value. I still think until something happens it's safest to value at zero for your own purposes and have this be a possible right tail should it ever happen. The valuation of GCM is way too cheap even wihout it

I’m not sure if the move today has anything to do with Venezuela. The gold price is up a lot and free cash flow is rising quickly. Still see it at only 1.8x 2019E EV/EBITDA at this gold price. Each multiple point adds C$2.50 to the share price.

I don't think GCM is getting credit for this in the SP yet. Kinross is up 8% as is GCM. Is Kinross doing anything to deserve that pop other than producing gold?

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