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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

Post by tobinator01on Oct 04, 2022 5:03pm
353 Views
Post# 35005217

Shorts defending $3.80

Shorts defending $3.80Short interest data September 15th was at 800k for (GCM) now Aris.  There might be as much as 1 million shares short.  Aris hasn't closed over $3.80 since late June and it is very apparent someone is defending that price on the upside.  The vast majority of shares short are underwater.  With about 4 - 6 days of average volume to cover, short sellers are in a pickel here.  A bit more bullish juice and covering can easily propel Aris over $4.
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