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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 > Gran Colombia
View:
Post by clubhouse19 on Nov 24, 2020 3:27pm

Gran Colombia

Seems to get hit harder than most when there is a selloff in gold.
  This time around, it is much more apparent.
   I believe the thin float has much to do with it.

Any thoughts ?
Comment by Brioche on Nov 24, 2020 4:26pm
Gcm -2.03     gdx -2.74     gdxj -2.95 .   Look at the tprff/gdxj   ratio from sept 1st . -)
Comment by 7Twiggy on Nov 24, 2020 4:30pm
I agree, easy for day traders to play around.  Same thing has been apparent with Caldas, although I suspect this last deal was a long time in the making so it was in everyone's interest to keep the price down. The more I think about it this new deal may be better than we give the Gran Colombia Mgt team credit.  Gran Columbia may have lost control with 45.5 instead of 53.5% of Caldas, ...more  
Comment by Golder007 on Nov 24, 2020 4:37pm
US$8M in payout as severance, while they are all in official positions at Gran Columbia as well... classic serafino act.... sell a good asset away and get packaged out.  who gets packaged out on a sale of a spin-out asset... day light theft and all shareholders thinks its an honest management.. is there 43-101 even correct?
Comment by menoalittle on Nov 24, 2020 4:49pm
>> all shareholders thinks its an honest m... not all.
Comment by tsoprano24 on Nov 24, 2020 5:34pm
Indeed, meno, indeed. T
Comment by clubhouse19 on Nov 24, 2020 6:42pm
You certainly have a magnificent grasp of the obvious.
Comment by menoalittle on Nov 24, 2020 7:06pm
>> You certainly have a magnificent grasp Thank you.  It's nice to occasionally be appreciated. :-}
Comment by clubhouse19 on Nov 24, 2020 7:24pm
i guess you learnt that tactic from the Trumpass.. That's one obvious conclusion you missed.
Comment by kkkrrr on Nov 24, 2020 5:57pm
what you are talking about?  ... absulutely BS ... this happens at every campany in the Dow Jones or nasdaq ...    when old management goes they receive a paycheck ... ...and i feel god with this , why?  a 8 million USD paycheck for ald management ,ok , this is the one side .. the other side is...  new manegment is highly skilled at will create much more $$$$$ as ...more