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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 invest234on Jul 10, 2020 2:11pm
116 Views
Post# 31252804

RE:RE:Sprott not happy

RE:RE:Sprott not happypeople including sprott get too bent over when they hear the word stream. it all depends on the pricing. getting $100 billion for a 1% stream would be a huge bargain, just because it is a stream does not make it necessarily bad. i think people hate streams because of the early deals where streamers shafted miners with large percent streams like metanor which was 20% and they could not make any money because of the large percent stream. a 3.25% long term stream which caldas got is like a 1.5% to 2% nsr which is common for miners. keep in mind that it will take many years before wheaton gets back their $110 million investment. they lose many years of interest from that cash and lose from opportunity cost, so any premium goes toward that lost opportunity.

stream, debt, and equity financing are all sides of the same coin. whether it is good or not all depends on the pricing and terms.


Bullboard Posts