Aris Mining Corp. T.ARIS

Alternate Symbol(s): CLGDF | N.AMNG.NT.U | T.ARIS.WT.A | ARMN

Metals & Mining Gold

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.

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Aris Mining Corp. > Messed up is all I can say

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Comment by tobinator01on Jun 25, 2024 1:58pm

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Post# 36105425

RE:Messed up is all I can say

I wouldn't beat yourself up too much. Miners are trailing the price of Gold and are at abysmal levels, historically speaking.

At the start of 2021 GCM spike to 8.00. The HUI-Gold ratio was 0.18. Fast forward today and the HUI-Gold ratio is 0.11 or 40% lower. GCM accounting for this ratio suggests the stock price would be C$4.90, if there was no reverse take over.

5 Year HUI to Gold Ratio

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Gold begins to flow at Endeavour's Lafigué mine in Côte d'Ivoire