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Aris Mining Corp. T.ARIS

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

Aris Mining Corporation is a Canada-based company, which is primarily engaged in the acquisition, exploration, development and operation of gold properties in Colombia, Guyana and Canada. The Company operates the Segovia Operations and Marmato Mine in Colombia. The Segovia Operations are located 180 kilometers (km) northeast of Medellin in the Segovia-Remedios mining district of Antioquia, Colombia. The Marmato mine is located in the Marmato gold district in the Caldas Department, a mountainous region approximately 80 km south of Medellin, Colombia. The Company is also the operator and 20% owner of the Soto Norte Project. The project is located within the traditional mining area of California, Vetas, which is located approximately 350 km north of Bogota and 55 km northeast of the city of Bucaramanga. The Company also owns the Toroparu Project in Guyana and the Juby Project, which covers an area of approximately 42,817 hectares and is located in the Cuyuni-Mazaruni Region of Guyana.


TSX:ARIS - Post by User

Comment by Ricolocoon Apr 26, 2024 2:05pm
115 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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