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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

Comment by Ricolocoon Apr 26, 2024 2:05pm
172 Views
Post# 36009928

RE:RE:Aris Mining insitu gold valuation supports $90 per share?

RE:RE:Aris Mining insitu gold valuation supports $90 per share?

Interesting perspective on Toroparu giving it a valuation of zero. You're going to get left field comments like this with  any equity, that's why you need to do your own DD. Someone should have passed that memo to Silver Wheaton back in November 2013 when gold was trading around $1300/ oz and the deposit only had Proven and Probable reserve of 4.1 million oz. of gold. Silver Wheaton was willing to pay $148 million U.S. for a 10 % stream on the life of the mine which was 16 years at that time. So even at that time the project had a $1.5 Billion U.S. valuation or $2 Billion C. Fast forward to today with gold trading $1000 higher and a mine reserve which has been expanded. Certainly the valuation now exceeds that $2 billion valuation. 

Do your own DD. Like I said Aris Mining is dirt cheap at these current trading levels. 

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