Aris Mining Corp T.ARIS

Alternate Symbol(s): T.ARIS.WT.A | CLGDF | ARMN | N.AMNG.NT.U

Metals & Mining Gold

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.

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Aris Mining Corp

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Post by CatchTheKnifeon Jun 22, 2020 10:30am

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Post# 31176280

Caldas Gold Honey Hole

Caldas Gold up 40 cents. With 72% ownership, that rise is worth around a 26 cent increase to GCM's share price. .72 X 50.5 million = 36,360,000 X .45 = 16,362,000 / 61,000,000 = 26.8 cents. GCM ownership percentage if Caldas X Outstanding Caldas Shares X Increase in Caldas Share Price = GCM Paper Profit on the Day / Outstandong GCM Shares = Implied Increase to GCM Share Price. Manipulation at its finest? Shorts fighting to exit before a late day push? Is there an underlying issue with GCM? I see no reason why GCM isnt up at least 26 cents.

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Advancing flagship Ishkõday Gold Project in Ontario