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 > MMCAP ( MMasset) owns now 10.7 mil shares

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Comment by samrakon Sep 13, 2021 10:54am

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RE:RE:RE:MMCAP ( MMasset) owns now 10.7 mil shares

A bit of a chicken/egg issue. If the market cap surpasses $1billion, it will have a greater chance of attracting more analysts/larger investors. Of course, its low market cap to sales/profit/cash flow is what makes it a compelling investment. When its Guyana mine is operational and its production is probably north of 300k direct ounces plus its shares in other miners, it will certainly be likely to gain a higher valuation, but that's a couple of years out.

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Record Q3: Equinox Gold achieves commercial production at Greenstone Mine