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 > Looks like shorts knew what was coming

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Comment by tsoprano24on Nov 23, 2020 4:27pm

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Post# 31954811

RE:RE:Looks like shorts knew what was coming

"giving up over 50% ownership? well... neither does that bother me. Namely because I think it's going to be a fairly long time yet before Caldas reports a profit, and less than 50% ownership probably means that now GCM won't have to incorporate the operating loss into their financial reports. So overall, that should make GCM's financials (as strong as they are now) look even better. "

My thoughts also. Their debt no longer shows up and what you see should be pure Gran Colombia.

T

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