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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

Comment by kkkrrron Jul 26, 2022 11:13am
269 Views
Post# 34851064

RE:RE:RE:RE:RE:RE:RE:RE:GCM Mining To Acquire Aris Gold At No Premium To Market

RE:RE:RE:RE:RE:RE:RE:RE:GCM Mining To Acquire Aris Gold At No Premium To Marketthe problem is.. GCM gave away 56% of Marmato and now the get it back for more diluton .. GCM gave Aris a lot of money for Juby and SOTO    ... old management wasted shareholders money ... i hope these projects are worth this money and new management will stop such transaction in the future ...  yes , GCM is highly undervalued now ...    but we could own all these projects with 60 or 70  million shares outstanding ...old management destroyed value  ... the good part is..i think Serafino knows he is not able building these big mines and new we have mine-builders as new management... 3 growth-projects , no need for new transactions for the next 5-10 years ...     another good pont is.. prices for raw-materials are coming down..steel , copper are much cheaper new.. this weill help building the mines on budget   ...   additional i hope new management will scale back Soto Note and will make the prajekt less capital intensice.... but first we have to built Marmato + Toroparu
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