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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
Post by bigreturn11on Mar 31, 2019 4:27pm
155 Views
Post# 29561219

Reserve life of 3 years at 220,000 oz/year

Reserve life of 3 years at 220,000 oz/yearI am very new to this story, as in stumbled on the name one hour ago. Help me out here....

The GCM valuation appears to be dirt cheap based on trailing profit and margins. Elephant in the room is that the P&P reserve life of 688,000 oz will only get them through 36 months or less, depending on ramp up.

With exploration being conducted in 2019, does anyone have any commentary on potential reserve grades in undeveloped area. What if they grades are low or not significant?

..I assume that this is the reason for the discount that it is currently trading at. 
Bullboard Posts