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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 oldmanmikeon Nov 18, 2022 3:09am
385 Views
Post# 35109429

RE:ARIS owns a big stake in Denarius

RE:ARIS owns a big stake in DenariusSorry about this Twiggy. I think this move was necessary to keep the stock from being delisted. From a value standpoint, I believe Aris has 27% of the company and still has that 27%. Problem is the 15% loss today and potential further losses due to the negative connotation of a revese split. Could see another 20% downside. Time will tell.
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