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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 drunk@noonon Mar 17, 2024 8:56am
367 Views
Post# 35937081

It is managment's plans for high risk, never ending

It is managment's plans for high risk, never ending expansion/ empire building that is crippling share price. Bring on marmato and buy back share with both fists. NCIB for 10%- Dutch auction for 30% for starters. Wap, just like that 40% of the shares are swallowed up. Another 10% NCIB the following year and hall the shares are gone. With the money pouring in from 500,000 oz/ ayear they could easilky do this. This is the value proposal they should be piching, not talking about spending half a billion to bring more projects online.
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