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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
Post by 7Twiggyon Nov 21, 2020 1:12pm
883 Views
Post# 31947156

Hopefully we find out Monday if this is gold.

Hopefully we find out Monday if this is gold.
Took a look of at the Caldas October presentation. Marmato is forecast to produce 180,000,190,000 and 200,000 ounces of gold
in 2024,2025 and 2026 and then continue on for quite a few years. They are also producing significant amounts of silver that mirror
these numbers.  I think a number of the majors would be interested in buying Gran Colombia out.  Why wouldn't Gran Colombia themselves buy
a larger share of Caldas stock if these projects are anywhere the mark.  These projects suggest almost 4 times gold and silver to 
be produced by Caldas than today's numbers.  Would this mean the stock could reach at least $12.00 from its current level.  The management at Gran Colombia
is basically the same as Caldas, so they get to see what is happening first with all the drill sites first. My first bet on the halt is new drill results
coming at least as good or better than the last ones.  Second would be a buyback of Caldas shares.  Third would be a buyout in exchange for
cash or other assets related to the ones they already own.  Fourth would be production issues.  So many companies put o?ut releases that
are just fluff and this could also be a possibility.  Some chatter on CEO.ca about a buyout, but nothing significant. There site is also showing 
that most of the Caldas shorts have covered.
Bullboard Posts