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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

Comment by clubhouse19on Apr 06, 2021 3:00pm
151 Views
Post# 32943024

RE:RE:RE:Price target !

RE:RE:RE:Price target ! were the financials the news you were calling for ??

Kind of very ho hum and not very interesting to the market..but there is always a next time as you continually point out.


menoalittle wrote: >> Youre going to see $10+ within 6 months in my opinion,

So, you really think it will take the market that long to wake up to this one little sleeper statement that was in the 2020 year end MD&A?   


As a result, commencing in the first quarter of 2021, Gran Colombia will cease consolidating Aris in its financial statements and will begin equity accounting for its investment in Aris.

It appears that there are very few that aren't still asleep at the switch and/or have absolutely no clue what that statement actually means and the effect it is going to have on 2021's financial statement.  Frankly, I think Q1 2021 numbers will be rather stunning to some. But truth is, Q1 and Q2 won't hold a candle what the full year 2021 is going to look like (simply because they pay Colombia taxes all in the first half of the year, and they are going to be producing more gold... not to even mention the probability of higher gold prices.)


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