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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
Post by Briocheon May 12, 2020 9:12am
279 Views
Post# 31015882

Surely Guy was under gcm radar for a while .

Surely Guy was under gcm radar for a while .They were doubled by svm . Now they have to pay 2 or 3 times what they could
Have bought one month earlier. What a shame ! .
Now the project stay very accretive . And quickly . 
They will not have such opportunity before a long time .
Gcm would pay 155 mil cad vs 105 for the svm offer . The cash side is limited to 30% from svm and only 20% if all guy shareholders  doesn't want svm shares .

As the future promise by the gcm project is far superior , i don't see svm able to make a counter offer even with a susbtantial increase in cash . 

That's just opinion for fun. 




Bullboard Posts