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Aris Mining Corp T.ARIS

Alternate Symbol(s):  CLGDF | T.ARIS.WT.A | 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 kkkrrron Jul 14, 2020 12:44pm
110 Views
Post# 31266086

RE:RE:RE:RE:Chapter 1. Insider selling

RE:RE:RE:RE:Chapter 1. Insider sellingi think some ppl don't understand what management does  ...  GCM was aready broken 10 years ago... too muc debt , nearly bankrupt......    now they want go other way and shareholders are not applauding because they give away half of Marmato in exchhange for less risk (external financing of the Capex) ... as a bonus tey et alf of Juby , a project we don't know what it is worth (fully developed)..i bet its is worthh much muc more ...

...don't forget about tis: Marmato Expansion now is completely funded anf Caldas has some Extra-cash at the balance sheet....   GCM makes a ot of cash and will be able buying stock of Caldas at the open market when they want...    this is a perfect tandem  and GCM can manage it how they want.... 

whhat GCM will do with the excess money from Segovia? they will spend it at Caldas and Gold X ...   everyone knows this and nobody should be suprised...they are managing risks...
Bullboard Posts