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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 > Most likely time to get in soon
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Post by 7Twiggy on Nov 24, 2020 5:26pm

Most likely time to get in soon

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, but it has a heck of a lot more Caldas shares.  The count goes from 53.4 million to 62.1 million.  Who needs control with these new seasoned veterns doing all the heavy lifting.The Caldas shares should easily double or triple in the next 24 months making Gran Colombia a boat load of cash. 
Comment by lumpy13 on Nov 25, 2020 3:18pm
Been in GCM for a few years, have made nice money but continually frustrated with their financial machinations which benefit the insiders to the detriment of minority shareholders.  This also happened here with Serafino and other GCM mgmt, who were also the CGC mgmt making $8m in change of control payments.  Haviing real professionals running CGC should actually make something happen ...more