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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
Comment by The_Alchemiston May 19, 2020 6:08pm
231 Views
Post# 31048605

RE:RE:RE:RE:CC....

RE:RE:RE:RE:CC....Method, I was more implying that if SVM was willing to to a JV with GCM, then why increase their offer?  Why wouldn’t they negotiate directly with GCM and offer them a JV deal? 

Also, I wasn’t aware that GCM is contractually restricted from issuing a dividend as long as they owe money on the gold notes.  Interesting.  I guess that my be their incentive to pay them off ahead of schedule?

EIther way, the price is behaving more appropriately considering their performance and overall gold market sentiment.  If we see a dozen more +10% we might achieve a fair market value sooner than later haha

The Alchemist 




Bullboard Posts