Aris Mining Corp T.ARIS

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

Metals & Mining Gold

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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Post by bigreturn11on Apr 01, 2019 4:44pm

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Post# 29566131

No brainer territory at $3.50

I initially missed that financial reporting is made in USD whereas the stock trades in CDN currency. The risk/reward presented at $3.50 is an absolute no brainer if you ask me. Started a decent position today. Thanks to others for the feedback regarding the reserves.

P/E of 3 with minimal debt, cash in the bank, FCF generating machine is nearly impossible to find on the NA markets. These types aren't easy to find.

The share price may rise or fall in 2019 but as reserves expand and cash continues to flow, the future looks positive.

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