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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 2:38pm
116 Views
Post# 31252996

RE:RE:RE:RE:RE:RE:RE:RE:RE:Prepare for a short squeeze - R.I.P. shorts

RE:RE:RE:RE:RE:RE:RE:RE:RE:Prepare for a short squeeze - R.I.P. shortsrockhead, you have been touching your pole extremely hard every day and failing miserably. the share price is still slightly higher than your last buy.

let us see what they did with that dilution:
- they used the cash to expand production in multi million oz marmato/caldas - the share price of caldas is now higher than what they paid.
- they used the cash to buy goldx shares for cheap - the share price of goldx is now far higher than what they paid.
- they used the cash to pay down gold notes, saving them interest and that upside interest from gold rising.
- they paid $50 mil for 4 million oz gold in one of the safest jurisdictions in the world.

that does not sound like very bad use of cash.

"silly acquisition at a big premium." - how is doubling their investment in goldx shares and acquiring multi million oz a silly acquisition at a big premium?
- how is acquiring 4 million oz gold in one of the safest jurisdictions for $50 mil a big premium?
- how is buying guy shares and doubling their money silly at a premium?
- how is acquiring multi million oz deposits and expanding production silly?

Bullboard Posts