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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
Post by merlin991on Jul 03, 2020 6:22pm
277 Views
Post# 31222657

Think a little longer term...

Think a little longer term...4 moz for around 50m US is pretty good in that location. It gives GCM three mines once the Juby is setup. A lot of room for expansion drilling.

GCM has total control over Caldas and it's not running anywhere. That greenstone gold belt is very prolific so a good position to be in. GCM is producing oodles of cash. They are expanding and all these deals recently are setting them up to be a very significant player in the gold market..

The share price is in a holding pattern and Sprott is just adjusting his investments. The guy has fingers in so many pots and is always looking for further plays. Just hold your horses this thing is going up in a big way. The Columbia mine is allowing them to make these plans and it's doing a good job.

If you are not happy sell... There are plenty of buyers still accumalating. Gold is only going one way and so is GCM.  
Bullboard Posts