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Aris Mining Corp T.ARIS

Alternate Symbol(s):  CLGDF | T.ARIS.WT.A | N.AMNG.NT.U | ARMN

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 invest234on Aug 16, 2022 3:48am
247 Views
Post# 34898473

RE:RE:I hold thist Stock since Sandspring Resources.

RE:RE:I hold thist Stock since Sandspring Resources.gcm on the other hand has positive earnings and segovia is generating a lot of cash. i bought gcm when it was $1.50. it had peaks of $8 and above $6. this stock has large peaks and troughs following the gold price. right now it is closer to trough than peak, like other gold miners. the equity/assets of gcm continue to grow despite the large swings in share price. share price tend to follow equity/assets of a company and its cash generation. cash generation will explode once marmato expansion and toro is completed. if reputation of gcm management is holding back share price, management will change soon.

if you hate this company so much, then why don't you buy something else instead of continuing to cry about it. nobody is forcing you to hold it.
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