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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 Stratocheifon Jul 09, 2021 12:01am
205 Views
Post# 33519811

RE:RE:RE:RE:RE:RE:RE:Gran Colombia Announces Results

RE:RE:RE:RE:RE:RE:RE:Gran Colombia Announces ResultsI still own about 15 miners. Had about 30 last summer. Sold most by last november because im conservative and didnt want to loose the gains. The ones i have left...fvi, gcm, eqx, ar, bto, axu, fr, etc they are all down anywhere from 20 to 50% in the past nine months. (And they all went down today as well) I have some explorers and strangely enough they havent gone down as much...some have gone up a lot. I guess because they represent hope. So im not that concerned about gcm being a problematic stock. They certainly are undervalued compared to others. Either sentiment turns and bids come back for miners (in which case im confident we will see gcm at 15) or sentiment continues negative and they all keep going down. But the way i see it these are hard assets...which as long as gold remains where it is....will be cash cows in no time and sooner or later investors will see it. If on the other hand gold falls to 1300 or something then you can put your gold stock file away for another 10 years.....which is no good for me either because i might not be around that long. I try to never put too many eggs in one basket and invest in all kinds of companies...anywhere where there seems a chance to make a buck is fine for me. Make the best choices you can and wait. Personally i like companies like gcm, fvi because the bosses are latin american and fit in and understand the culture where they do business.....greatly increases chance of a good outcome. Big shots who show up in strange countries with plans to set up mines and make billions sometimes get thier as kicked by the locals. I lost a lot in cases like barrick at pasqua luma and lydian international in armenia. Both those mines were shut down when local governments came up with environmental issues. But i suspect the real reason was the companies were strangers and lacked the skillset to succeed in that country. As far as cryptos are concerned...you know what they say...when the taxi driver and the store clerk are talking to you about some stock and the money they are making you know its a bubble about to burst.
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