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Aris Mining Corp T.ARIS.WT.A


Primary Symbol: T.ARIS Alternate Symbol(s):  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 drunk@noonon Mar 17, 2024 8:49am
324 Views
Post# 35937078

Far far cheaper to buy back half their shares once Marmato

Far far cheaper to buy back half their shares once Marmato is up and running, than spending tice the amount and at higher risk to bring Guyana online.
i.e you buy back half your shares and it is like going from 500.000 oz a year to 1 million oz a year on a per share basis. And you are not chewing up reserves to do it.  ROI is much hiigher and risk is a lot lower, IF YOU DO NOT UNDERSTAND THIS YOU SHOULD NOT BE INVESTING! You double your intrinsic value per share,   Then down the road if gold price is firmly above 2000 oz sure go ahead and expand some more. But then the incrmental production brought on are 
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