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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 Ricolocoon Oct 21, 2022 3:21am
476 Views
Post# 35038160

Well here we go, the B of A rings the alarm

Well here we go, the B of A rings the alarm

https://www.marketwatch.com/story/fragile-treasury-market-is-at-risk-of-large-scale-forced-selling-or-surprise-that-leads-to-breakdown-bofa-says-11666290995

Hmmm! Geez I wonder what's next? A ticking time bomb to say the least. Now stay calm, the Fed has its financial tool chest ready. So how does that effect shareholders of Aris Mining? I know it's been painful watching the shares decline knowing how well positioned we are with our gold deposits. Yes we've suffered, the whole PM sector has. Here's what I anticipate happening before year end, possibly within days as this is a fast moving fluid situation. Yellen is going to need to step in, being a one trick pony you go back to what saved you in 2008 because that's all you know.  They are going to have to backstop the treasuries and buy through their preferred banks. Billions and billions of dollars will be created once again out of thin air to stave off a financial meltdown. More liquidity equates to more inflation, Powell's late attack on inflation by raising rates was too little too late. I'm sure the Fed was thinking let's keep squeezing by raising rates as  long as employment numbers were staying low. Sometimes those black swan events come out of the closet when you least expect them to and that changes the game plan. The Fed is cornered with no way out, so now they will have to choose. The printers will start up again and inflation will rage, gold and silver will moon. That's my opinion, I'm only a chump in this game so do your own DD and come to your own conclusions. 

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