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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 veteran98on Jun 27, 2020 2:14pm
166 Views
Post# 31198995

RE:RE:Something big happening behind the scenes

RE:RE:Something big happening behind the scenes I'd agree except for the insider sells by Sprott ... wouldn't make sense selling at these levels if buyers were snooping around ... plus miners are notoriously leaky ships if buyers were kicking tires that would be reflected in the market ... always some in the know that would be pushing the price higher on a "deal" in the works ... GCM price now is about a buk less than back in February and now GOLD is 100 buks higher than back then ...Over the last year or two GCM has been a consistent all-star performer and now that has changed ... Could be something as simple as buying pressure easing off since the buildup leading into GCM's inclusion into the index or it could be something more ... Chartwise now trading below both the 20/50 dma which is not good news but on the other hand a nice cup and handle formation is starting to show on the chart ... ....Although Columbia seems to be doing a great job on Covid ... you just never know so production halts due to Covid might be a concern ...   I'm far from being an expert on anything procduction related etc etc but I have been around the block more than  few times when it comes to market behaviour and from my experiences it may end up being nothing but yellow flags are definitely warranted...
Bullboard Posts