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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 Aug 14, 2020 8:04am
161 Views
Post# 31407265

RE:Simply the best company ...

RE:Simply the best company ...they previously reported $73 mil cash, now they report $87.7 mil cash and equivalent. the $73 must have unnecessarily scared the weak hands. $87.7 is still close to $100 mil.

looking forward to h2 when the huge cash comes in. higher production plus way higher gold price = $$$. q4 the new mine carla comes online to help fill plant to max capacity 1500 tpd.

non-cash charge again, i hope most people by now know to look at the adj earning and cashflow.

1% dividend plus inflation protection on a growing cash cow is better than 10 year US treasuries that give only 0.6 to 0.7% interest with huge risk of loss on inflation.

gcm cashflow can easily support ramping up the dividend. that is how smart companies very effectively increase their share price, by consistently increasing their dividend.

Bullboard Posts