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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

Comment by menoalittleon Mar 21, 2024 12:04pm
362 Views
Post# 35945188

RE:Aris Mining Short Term Chart

RE:Aris Mining Short Term Chart

With the price of gold having spiked to well over 2200, it appears to have set the direction for the price of gold in the coming days and month of 2024.  

Not surprisingly, ARIS has today broken above its nice cup and handle pattern (on rather surprisingly low volume, undoubtedly due in large part to the market's shunning of all precious metal minors)... which also seems to have set the direction for ARIS to move to in the days ahead.

While it's not what it could (or imo, should) be, it is at the very least... encouraging.
Eventually, a sector rotation will happen, and patience here will have its reward. 

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