Aris Mining Corp T.ARIS

split gcm into share holding company and segovia

[invest234]

if gcm separates into a share holding company and segovia, wouldn't that bypass the 2 year share holding period?
the holding company is not selling any aris, goldx, etc shares.

so gcm shareholders would get
gcm (segovia) and
gcm holding company (shares).

since the market can easily price the gcm holding company by the total shares contained in it (plus warrants), the value of those shares would be unlocked and shareholders can see gcm1 and gcm2 fairly valued in their accounts.

[menoalittle]

no, doesn't sound anything at all like a good idea.  what do you suppose the new company would do with the money if or when one of the investments is cashed out from a sale (or takeover) of one of the investments?  too much chance they'd "reinvest" it in some dumb explo company elsewhere rather than distribute it to shareholders.  so, pray tell... how many would be

[invest234]

it would be many years or even never before another company wants to take over aris, the biggest holding of that holding company. during those many years people would have plenty of time to sell if they choose to. your same argument applies with those shares held inside gcm. if those shares are sold, they can just as easily use the cash to buy an explore company inside of gcm. in fact, there is a

[invest234]

if another company wants to buy out aris, there would be a bigger incentive to buy out the holding company if they can get more shares of aris by buying the undervalued holding company. and if goldx is sold before aris, that cash can give out a bigger dividend for the holding company than just aris shares itself, making it less likely to be undervalued.

[kkkrrr]

no good idea .. a 1 mine-company (singele mine risk +country risk) never reaches true potential

[invest234]

what does that have to do with 1 mine company? holding shares of other companies does not make them a multiple mine company. they can buy gdx shares and claim to have many mines if that was the case. there is nothing preventing the operating company holding segovia from using their free cash to add other projects in other countries. technically segovia has 4 mines, providencia, el silencio

[invest234]

why is everybody so against unlocking the fair value of the shares held by gcm? lol

[menoalittle]

because it wouldn't work worth a spit.  what happens with all the outstanding warrants for gcm? do they split and become warrants in both companies, or are you simple out to F the warrant holders of GCM?  It's a logistical and legal nightmare.

[menoalittle]

the path out of this dip right now is increased share buyback. that's it in a nutshell.

[menoalittle]

what else would unleash more confidence that the stock is so deeply undervalued? nothing, that I can think of.  not even gold note redemptions.

[menoalittle]

but truth is, there's money enough for both.  And there is no other better "investment opportunties, anywhere else out there aside from it's own stock.  Best place to untilize some of that cash, rather than let it burn a hole in your pocket elsewhere... 

[Eap5522]

Can't argue with you on this. If they are not buying back shares at this price, what would they possibly be waiting for. Fewer shares, higher dividend per share, sounds good to me! A couple of years of buying back shares (if they renew the program next year) and we'd see some serious divvy per share going forward.

[invest234]

it would just make the gcm warrant holders exercise their warrants so they can get the share spinout, and give cash to gcm. with that cash gcm can exercise their aris warrants too. gcm warrant holders who don't want to exercise can just sell their warrants in the market after the share price has risen from anticipation of the spinout getting fair value for the spinout shares (sell just before

[Eap5522]

invest234....put yourself in the shoes of Aris board of directors (which overlaps GCM to a degree), would you REALLY want all of those shares in the hands of retail traders....aka dumb money?? I would say no, you would not. Stability is what GCM provides to Aris by owning all those shares and warrants...I really don't think they want to relase them to idiot retail traders.

[invest234]

aris does not get a say in this (other than overlap). so what if idiot retail sell or buy their shares? the smart money can just buy it from them. it is a free market. idiot retail can already buy or sell aris shares anyway.

[menoalittle]

so... you think that you can simply rip out (aka, "spin out") the heart of a company, or tear off it's arms and legs, to force warrant holders to either exercise or be left holding little more than a d...(ok, I won't spell it out) and think that's ok with regulators? In other words, where do you stop once you start "spinning" assets out of the company and say the

[menoalittle]

btw, ever check on what class action lawsuits might be out there against a company or its board of directors, or how they started?  if not, let me assure you that "spinning out" assets from a compnay is probably a bit more complicated and trickier than you might think.  Warrants are part of the capital structure of a company, and not to be "ignored" or relegated to

[invest234]

companies spin out non-core assets all the time. the new aris management controls aris now. aris is now mostly independent of gcm. whatever happens with aris has little effect on gcm. regulators don't object to spinning out non-core assets. gcm warrant holders have a choice of what they want to do. they can exercise if they want to continue holding aris. i bet the people objecting are the ones

[menoalittle]

>> companies spin out non-core assets all the time. oh, so as a shareholder, you'd be okay if the company decides to spin those assets out and not give you anything for them.  why should they, if they're as you say, "non-core" assets?

[menoalittle]

what makes you think an ordinary shareholder should get anything from such a move?

[menoalittle]

seems like some of you are trying to dance across a spider web thinking you aren't going to get caught by the same big black nasty spider you think might only be interested in catching others...

[invest234]

"not give you anything for them. " but they are giving you something for them, the holding company holding the shares, which should rise in price because it is mostly aris shares. shareholders still get the two assets. why do you think aris shares are more valuable inside gcm rather than outside? we already know aris shares are given little value inside gcm. long term, what do you

[menoalittle]

>> but they are giving you something for them, the holding company Ha! Says who? Why should they give you any piece or part of the holding company? What makes you think you are entitled to it? see? ...there you go, dancing across that spider web.

[invest234]

because that is what a split is, as the title says lol. whether they do it or not is a different matter. i ask again: why do you think aris shares are more valuable inside gcm rather than outside? we already know aris shares are given little value inside gcm.

[menoalittle]

by that exact same claim, warrants are split.  but for some unexlpainable reason you think shareholders are entitled to a split while warrant holders aren't. (not to mention the lines it would cross with gold note holders) such thinking appears to be rather flawed, but for some reason, you can't (and/or refuse to) see it.

[invest234]

alright, so the only way to move the aris, goldx shares outside gcm is to wait till 2024 when all the warrants expire, the share holding period has ended, and all the gold notes are bought back....

[invest234]

you win, so i will give you this imaginary medal (the medal is gold colored). since there is only one of them, it is much rarer and more valuable than the multi-millions of crypto imaginary tokens :-)

[menoalittle]

I'd rather the company just be out there sucking up GCM shares, then we both win...