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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 May 31, 2020 7:24am
148 Views
Post# 31093112

RE:RE:Paid bashers usually = buyout coming. Price suppression

RE:RE:Paid bashers usually = buyout coming. Price suppression
nonsene again .... look at the facts!  Segovia is modernized now and the community there is pro GCM now after years of dispute (toll mining / support of local infrastructure ( Schools / medical centers ))  ... we all know GCM had a bafd time a few years back because high debt and low POG..

now the situation is completely different.. they invested in the mine , water-cleaning, tailings , safety  , ventilation at the mines ...  improvements on all fronts...

..GCM sits at nealry 80-100 million$ cash, debt is down and every quarty 20 million++ USD flows in (dependiing on investments + exploration) ...  

..look at GCM's investments and future project... Toroparu,Marmato expansion and set this in relation to GCM marketcap...  its still a very cheap company to buy.....

anyway..i sold some shares near 7.50 CAD and taked some money off the table... but i will hold my core-position and added more Gold X last days......
Bullboard Posts