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Aris Mining Corp T.ARIS

Alternate Symbol(s):  CLGDF | T.ARIS.WT.A | 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 tsoprano24on May 10, 2021 9:14am
173 Views
Post# 33163851

RE:RE:RE:tsaprano: learn a little about things like english and math.

RE:RE:RE:tsaprano: learn a little about things like english and math."In the past, Serafino has (essentially) said, why spend to drill more at Segovia when it's more cost efficient to only do limited drilling as the underground tunnels workings expand."

Or was he saying why drill now when I have a big debt load hanging over the company? My take is he didn't do much drilling because it was easy to replace what he mined and taking debt down was so much more important. Now look at us. More cash than debt, a buyback, dividend, partnerships and ability to drill all we want. I didn't ask for deals, but I did say a buyback was needed. He gave us that. Some asked for a dividend, he gave that. Way back debt was an issue, he took care of that. Now some want more reserves, so he's drilling. A few paid dim bulbs doesn't change the fact that we are moving forward. Let em get their $2.50 a post. They'll be gone just like the others. Or are they the same ones with different aliases? 

T
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