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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 tobinator01on Jun 17, 2024 12:27pm
195 Views
Post# 36092252

RE:Hum...we can see the powerfull Soto effect...

RE:Hum...we can see the powerfull Soto effect...I see the recent pull back differently.  We have Gold pulling back $100 and the Gold Stock Indexes slumping 10% since early June.  Aris was up 40% YTD and over-bought.  This pull back has been on light volume, so it's mom and pop doing the selling.  The short data shows them covering since the last report.

Aris.TO Short Data

Folks we are in the dog days of summer.  June and July are generally the weakest months for Gold and Silver.  Aris is entering areas of support via the charts.  Now we need our Asian brotheren to pick up the baton again.

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