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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 AlfTanneron Sep 02, 2021 6:35pm
327 Views
Post# 33807536

Is there anything I am missing?

Is there anything I am missing?
I have researched this company pretty thoroughly, and it seems like an amazing bargain.  They have put together an extremely profitable mining district, and now there is plenty of room for expansion with Toroparu.  
 
What I want to know is am I missing something?  I have already begun scaling in, but it almost seems too good to be true.  I know Colombia is considered risky, but from what I have read, it is much less risky than many other South American countries.
 
I recently sold another mining stock that seemed too good to be true, and it was.  The management was terrible, and the mining costs kept increasing.
 
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