Aris Mining Corp T.ARIS

Alternate Symbol(s): T.ARIS.WT.A | CLGDF | ARMN | N.AMNG.NT.U

Metals & Mining Gold

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.

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Aris Mining Corp

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Comment by invest234on Oct 06, 2020 4:44am

145 Views

Post# 31672008

RE:Hey.....huge buy back done 350 k ?

yep, i had doubts but they actually are buying back shares!
https://www.canadianinsider.com/node/7?menu_tickersearch=gcm

the naysayers big complaint of dilution holding back gcm is starting to be removed.

with higher q3 production and gold price up another $200 from q to q, gcm cash cow is generating well over $100 mil free cash per year. gcm can afford to buy back a LOT MORE than that 350k shares.

as i have been saying all along, good things happen when a company generates a lot of cash, including dividend and share buyback. if the market does not buy, then the company itself can buy.

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