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Aris Mining Corp T.ARIS

Alternate Symbol(s):  CLGDF | T.ARIS.WT.A | 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
Comment by kkkrrron Dec 12, 2019 7:02pm
189 Views
Post# 30450090

RE:Don't know why to be worry till now with Wpm

RE:Don't know why to be worry till now with Wpm
too bad some people don't understand this deal..its all aboiuts risk  .. the capex will be near 250 million USD , some cashflow will come from the already working mine in 2021-2023 , Wheaton now in the boar will deliver cash via streaming deal , maybe 100 milliopn USD , another 100 million USD will come via  Gold-NOTES ... the remaining Capex will come from Calsdas shareholders (GCM and the other 40%) ... thats all ... very low financing risk for GCM and GCM still holds 60% of Marmato ....       and they will be able buying more Caldas shares after the developement risk is gone ;) ....        perfekt!    ....the same with GOLD X

...this all is possible because GCM has enormous cashflow from Segovia...
Bullboard Posts