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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

Post by 7Twiggyon Nov 24, 2020 5:26pm
866 Views
Post# 31965983

Most likely time to get in soon

Most likely time to get in soonI suspect this last deal was a long time in the making so it was in everyone's interest to keep the price down. The more I think about it this new deal may be better than we give the Gran Colombia Mgt team credit.  Gran Columbia may have lost control with 45.5 instead of 53.5% of Caldas, but it has a heck of a lot more Caldas shares.  The count goes from 53.4 million to 62.1 million.  Who needs control with these new seasoned veterns doing all the heavy lifting.The Caldas shares should easily double or triple in the next 24 months making Gran Colombia a boat load of cash. 
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