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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 tsoprano24on Apr 10, 2023 12:13pm
327 Views
Post# 35386813

Stock buyback

Stock buybackIn spite of $2000 we still are making no headway. In the past the only respite from this dismal stock price has been during stock buybacks. Management can't possibly be too busy to put ours back in play, can they. I mean cashing their checks and a few meetings at good restaurants can't take up that much time. They have the money, more is flowing in and we sit at prices that warrant 1600-1700 gold prices. It is readily apparent to anyone looking we have no real support. Day traders and shorters make up most volume each day. I don't want to rock this steady tugboat but maybe a stock buyback would take some of the excess off the street. Maybe get us to a price we deserve. I never looked, but I am guessing stock options aren't based on stock price but, what, having a pulse? I imagine this will kick start the posts about we are doing this and that, but really we are languishing. We've been doing this and that for ten years and only movement up has been when the buyback is involved. No other company is sniffing around. Just day traders and shorts playing the game. Buy back a few million lousy shares and at least throw a wrench into the game. Not like you're busy doing anything else. 

T
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