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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 tobinator01on May 16, 2024 3:18pm
227 Views
Post# 36044054

Anyone at the AGM today?

Anyone at the AGM today?I think value buyers showed up strong today.  The stock should have tested the low in a more spirited way.  The Annual Meeting started at 10 PST today.  One would surmise by the trade Bulls liked what they heard.

As my post yesterday showed, all you need is a few basic assumptions and calculator to show Q1 is an outlier.  Management said they were going to intercept higher grades throughout the year.  The Segovia plant was down in Q1 for maintenance, which is not anticipated for 2024.

Today Aris stock's rose and erased half of yesterday's loss, which is a great rebound for a very high volume sell off the day before.
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