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Aris Mining Corp T.ARIS

Alternate Symbol(s):  CLGDF | T.ARIS.WT.A | 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 invest234on Nov 11, 2022 1:48pm
239 Views
Post# 35092032

RE:Not out of the woods just yet!

RE:Not out of the woods just yet!"Now historically PE ratio has 5 to 6. That would indicate a price of $2 to $2.4 per shr."

that was based on segovia production. when several long life 20+ year tier 1 like projects are added, the market cap increases and PE is allowed to rise based on assets not producing yet. you don't just say all the non-producing assets are worth zero and base PE just on the producing asset. otherwise all the development companies with large deposits that are not producing yet like osisko mining would have a share price of zero instead of a billion dollar market cap.

oldmanmike wrote: Been following GCM/Aris about 5 yrs now. I haven't seen a financial Qtry report yet for the combined companies. My take is their earnings could be a little disappointing. Last GCM qtr was $0.13/shr on about 75M shares (aver. gold price about $1800). Aris about break even to a small loss on 7500 oz produced. Now, estimate I've seen is $0.13/shr but the float is about 135M shares and the average gold price is down to say $1675. I wouldn't be surprised to see $0.10 or less for 3rd qtr. Now historically PE ratio has 5 to 6. That would indicate a price of $2 to $2.4 per shr.

Right now technical charts show an inverted head and shoulders developing with a potental right shoulder leg down. This might co-inside with Dec Fed rate hike and tax loss selling season. The US dollar is starting to roll over but may get a little support with the next rate increase and hold the gold price down a bit.

I believe the real motivator will be interest expense on the Us debt, $31T, with interest expense going from 0.25% to say 5%. Granted this will take some time to develop but this represents a 20 fold increase on a society that hates new taxes and a government that runs a $1T additional debt annually.

End Result - Us dollar tanks even further. Gold in $US dollars goes to $2500 by Q3 2023 and Aris stock price $10 to $12 or better. What say you all?


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