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 > GCM | Independend analysis - worth 30 Minutes of your time

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Comment by gottschlichon Jul 15, 2021 11:25am

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Post# 33549417

RE:RE:GCM | Independend analysis - worth 30 Minutes of your time

Hi WindsorGuy,
...also my opinion. If the selling madness of the weak continues, this trading week the GCM market price and the Bollinger Band (20) in the weekly chart could touch at around 4.68 CAD - so far always an event of the turning point for the better.

The 200-week average on the GCM weekly chart is another 0.40 CAD lower at the current 4.26 CAD - and the last time this was touched, it was GCM's March 2020 panic low at 2.81 CAD. So these are both VERY strong resistances!

I wonder if this market needs another (this?) capitulation week to push the remaining weak hands out of GCM yet.... This bull ride is truly not a pleasant one and nothing is given to a GCM investor here. Mental toughness is the order of the day - so keep sitting up straight and firm in the saddle and buy more from GCM if possible.

I'll close with Serafino Iacono: "The company will never be sold until it is many times larger than it is now. So that's your business to wait for."
All the best! Gotti

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