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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Comment by bart_dcon Aug 07, 2019 8:36am

134 Views

Post# 30000929

RE:GCMs delta on (higher) gold prices

Fully agree with your assessment. The 48 mln USD alone would be able to support the current market cap.

If you take into account the 100 (even 120+) mln profit before tax this stock should easily trade at a market cap of 500mln+ USD.

This would give a market cap of 9.50-10 CAD back of the envelope.

I had 8 in my mind at 1.400 USD gold prices. So the 9.50 at 1.500 makes a lot of sense.

Still very much under the radar this one, don't forget this.

Trading 500k shares a day, or more, will signal that we are no more under the radar.
But just as is the case with Wesdome, then the stock will be a LOT higher.

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