Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSX:ARIS - Post Discussion

Aris Mining Corp > Looks like shorts knew what was coming
View:
Post by 7Twiggy on Nov 23, 2020 1:41pm

Looks like shorts knew what was coming

No wonder the shorts exited Caldas these past weeks.  With all these companies and new players involved in the deal, there had to be dozens and dozens
of players involved in putting together this transaction.  Looks to me like Gran Colombia gave up 10% of its ownership in Caldas so it wouldn't 
have to drive the bus itself.  Added a bundle of cash for Caldas,  Gran Colombia Management did better than OK, while the jury is out how this will impact retail Gran Colombia
investors.  Caldas shareholders got more dilution for a big cash infusion into the company and what looks like a lot of new experienced and most likely more
energized Management.   Friday is the ex-dividend date for Gran Columbia.
Comment by menoalittle on Nov 23, 2020 2:05pm
Actually, I don't much care all that much what they do with Caldas.. and frankly, I have some mixed thoughts about this latest deal.  Tefler... hmmm.  Yeah, could say he did well with building Goldcorp... which years later seemed to come unglued.  What did or didn't he learn from it, and how much responsiblity does he take for either end of the ride up and down? Then there ...more  
Comment by Brioche on Nov 23, 2020 2:14pm
2 words : 1) perfectly right with below 50 , gcm will have  a far better balance sheet .   2 ) telfer ...lol  he never created goldcorp . Gc is the child of the " legendary " rob mc ewen .  Telfer merged wheaton with gc in 2004 . What is never said is the shareholders  never recovered from the merger . What a presentation.  Luckily we have daniela now ...more  
Comment by menoalittle on Nov 23, 2020 2:35pm
Agreed, McEwen was the real reason behid Goldcorp's rise... who's "legend" also seems to have devolved somewhat into a Legonnaires' disease in MUX... lol.  And GC's subsequest (to Tefler) rise was inextricably linked to the rised in the price of gold far more than anything else. But, even with that... if nothing other than Tefer's sense of timing a rise in the ...more  
Comment by cyanide5 on Nov 23, 2020 2:59pm
Neil woodyer was ceo of endeavour mining. Took that stock from 3-4 dollars to 20 plus. Then took the money over leagold. Did decent with that stock as well 2 to 4 dollars before it was bought by equinox.  I held both these stocks albeit only small positions. would I buy again. I sure would. Follow smart money and good mgmt that has made you money. If I can get under 2 I will consider!& ...more  
Comment by invest234 on Nov 23, 2020 3:27pm
since neil likes acquisitions, maybe he will want to buy out gcm, giving gcm a well known management that is liked by the market. then gcm would get fair market value under neil's management, plus a premium to gcm shareholders on acquisition. spin out a company so it can take you out, like a snake eating itself lol
Comment by invest234 on Nov 23, 2020 3:56pm
if neil takes over gcm, it would be worth the triple dip money gcm management gets. neil's endeavour mining and leagold got fair market value, so there is a good chance gcm would get fair market value too if he was managing both companies.
Comment by menoalittle on Nov 23, 2020 4:07pm
takeover GCM?  ridiculous. ...for cash? ...from where, exactly? because if you think just for some CGC (or whatever it's called) shares, I'd be one pissed off (with more than a meaningless voice) GCM shareholder. 
Comment by invest234 on Nov 23, 2020 5:35pm
or just have neil take over management of gcm keeping the 2 companies shares separate, while current gcm management retires (with their golden parachute). then both companies can go to fair value with a management that the market likes..
Comment by tsoprano24 on Nov 23, 2020 4:27pm
"giving up over 50% ownership? well... neither does that bother me.  Namely because I think it's going to be a fairly long time yet before Caldas reports a profit, and less than 50% ownership probably means that now GCM won't have to incorporate the operating loss into their financial reports.  So overall, that should make GCM's financials (as strong as they are now ...more  
Comment by kkkrrr on Nov 23, 2020 7:12pm
GCM own a lot of cheap Caldas warrants...   they will buy shares via the warrants over time .. Caldas is cashed up , start of expansion of Marmato next year..by the same time they will start drilling at Juby ...   the new management of Caldas will double or trile the SP and GCM is the biggest winner with its big ownership ... Caldas SP at 4 or 5 CAD will do wonders to GCM's ...more  
Comment by 7Twiggy on Nov 23, 2020 7:21pm
A Caldas $5.00 selling price would value the warrants at $2,25 plus some time value. Today was the first day I have seen significant trading in both the stock and the warrants.
Comment by Welchspring on Nov 23, 2020 8:28pm
GOP needs to let some legs first.
Comment by WindsorGuy on Nov 23, 2020 2:15pm
Hope vs Reality.Despite the setback today GCM will still have net income of more than $1.00/share for 2020. Prime takeout candidate IMHO..
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities