Aris Mining Corp T.ARIS

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

Industrial Metals & Minerals

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.

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Aris Mining Corp > The Vacuum Cleaner

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Post by tobinator01on Dec 02, 2022 8:22pm

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Post# 35148054

The Vacuum Cleaner

Earlier I posted on the A series warrants. Today these warrants were up 33% to close at 40 cents. There was one buyer on the day: RBC Capital Markets. They vacuumed up 328,000 warrants. That volume is the third highest in a year. The A series warrants are richly priced at 40 cents and really should be in the 35 - 36 area.

I'm wondering if a fund intends on accumulating a large position of shares. Warrants give a huge amount of leverage and allow the Vacuum to profit handsomely with a move higher.

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