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Aris Mining Corp T.ARIS.WT.A


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

Metals & Mining Gold
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

Aris Mining Corp > News Check
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Post by tobinator01on Oct 31, 2022 5:19pm
411 Views
Post# 35061357

News Check

News CheckI looked at two other Colombia operators Soma Gold and Parex Resources stocks.  Neither had a late day sell off.  So my conclusion is there isn't a Colombia specific negative event that caused the sell off out there (so far).  A search for other news out there came up empty.

The stock was only off $0.03 to $3.07 for most of the day, outperforming the HUI.  Then off $0.10 3.00 at 3:54 PM.  The big dump of shares occured in the final six minutes of the day.  The ARIS A series warrants finished up 5%.

We could have witnessed margin call selling that triggered stops and created the avalanche.

I emailed Aris and suggested they put out a press release before people get spooked for no reason.  Afterall, it is Halloween.
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