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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 TorontoJayHon Aug 19, 2022 10:10pm
257 Views
Post# 34908849

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

RE:RE:RE:RE:RE:RE:RE:I hold thist Stock since Sandspring Resources.With that kind of cash flows.. if not paying dividends, why can't they just keep buying back their shares so SP can reflect the fair value? then expand?

They bought some shares then more dilution.. bought some share then more dilution.. keeps on going..

GCM management keeps rolling their dices until they go big or go broke.

Are all mining companies doing the same things?

I know that is their style (a risk) and I just wish they can share some bread crumbs (dividends) to reward shareholders.  SP keeps diving and they even have to remove the dividends which they can easily afford?  To save $20MM a year so they can keep buying DSLV?

I am sure some shareholders have complained about divdiend cancellation?

Should I bother to send them an email sharing how I feel?   

I guess I will keep holding my shares praying gold price won't crash and they won't have huge cost overrun.  

I will be so upset if GCM got acquired for merely 20-30% premium.




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