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

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Post by AlfTanneron Sep 03, 2021 1:16pm

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Post# 33809808

Looking at the chart

Aside from the fundamental value, the chart for this stock also looks really good to me.

There is strong support at CA$4.50, and the stock has been trading in a range from CA$4.50 to CA$5.00 for a couple of months now. This looks like a consolidation to me. The MACD on the weekly chart is turning up, and I think the consolidation period might be ending. There is strong resistance at CA$5.00, and there is also a down trend line at around CA$5.10 that may contribute to the resistance. If both these resistance lines are be broken together, I think a big rally will ensue.

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