Aris Mining Corp T.ARIS

YES 131 k shares cancelled !!!

[Brioche]

..Strong  news.. 

To always invest in your own  company when there is no bargain outside. -)

[menoalittle]

Given the way this has traded the last couple of weeks (and the fact that the company suddenly stepped up in front of the announcement to buy it's own stock), it is clear that the GLDX deal has very strong support and there is absolutely no doubt that it is going to sail through without a hitch... unless there is a "superior offer" that ends up being presented to GLDX. 

[menoalittle]

okay, maybe not enough said... Here's the "magic" in the deal, and (at least in part) why a cash offer for GLDX at this point would absolutely have to be significantly higher. Let's suppose that a cash offer of C$ 500 million (maybe 6.50 a share) is made for all of GLDX.  What would that mean for GCM?  Well, to cash out it's 20% adds $100 million to its coffers

[menoalittle]

So, in short, I think there needs to be very little (maybe none whatsoever) concern that GCM will have any need or desire to "better" its offer for GLDX at this point.  It's a very, very strong offer as is. 

[menoalittle]

>> It's a very, very strong offer as is.  Maybe too strong given the undervaluation of GCM.  But, then again, maybe that was just my perspective on it.  If gold continues north (and I suspect it will), there is added value there.

[Heywood_Silvers]

I wouldn't mind a higher offer for GLDX, however, I don't think it would be substantially higher.  I could see something in the vicinity of $5 CAD, which GCM would have no problems matching. A potential suitor could've been GPL and their Tucano mine is about as close to Toroparu as Segovia is.  But, their share price is languishing under $1 USD and they have no equity

[likeike]

Did a little pondering on your post Heywood Silvers.  You have to give SVM a little consideration as they probably know the project better than present management but I really do not know where they are at in other ventures so maybe not. Zijin gives me more concern. Serofino is the dude I would like to hear what he thinks as this is his second kick of the can and how long has he sat at

[menoalittle]

>> I could see something in the vicinity of $5 CAD, which GCM would have no problems matching. You're all smoke and mirrors, Heywood.  Because what that statement truly reveals is that you don't actually (or honestly) believe your previous rants on Toroparu's great value, given you think a mere $5 CAD cash offer will somehow be seen as being higher and more

[Heywood_Silvers]

You're reading way too much into my post.  I'll break it down for you:  based on current prices for GCM, GLDX shares are valued at $4.11 CAD.  Based on current prices, a $5 CAD offer would be superior, but nothing so far removed from $4.11 that it couldn't easily be matched by GCM. Both GCM and GLDX are well undervalued based on today's prices, so it is what it is.&

[likeike]

You're reading way too much into my post.  I'll break it down for you:  based on current prices for GCM, GLDX shares are valued at $4.11 CAD.  Based on current prices, a $5 CAD offer would be superior, but nothing so far removed from $4.11 that it couldn't easily be matched by GCM. Both GCM and GLDX are well undervalued based on today's prices, so it is what it is.&

[menoalittle]

>> You're reading way too much into my post.  I'll break it down for you: You can try to restate or retract or slice and dice it however you want.  It doesn't matter at this point.  Because what your post very plainly communicates (which evidently is way too much... apparently, much more than you think and were able to understand) is that you aren't

[menoalittle]

>>  if such a lowball C$5 cash offer (highly unlikely, imo) highly unlikely, not because I think there is no chance for another offer. Rather, it's because I think that most people (aside from you), and especially the Chinese folks that might be seriously pondering the opportunity here and might make a serious offer for GLDX, understand perfectly what I am talking about...

[likeike]

>> I cannot believe a guy that believes in his high commander Paredes and then undermines the main endeavor he has.  what the h are you talking about, or who is that rant supposed to be directed to? if me, then you plainly haven't cared much to read, know or otherwise perceive much (if anything at all) about me... Actually in reality the Chinese fold as you like to call

[menoalittle]

Ike, my post was written in very plain English, and simple enough for an average investor to understand.  There is nothing "veiled" in it, or about it.  Maybe try asking someone a little older or more savvy than yourself to explain it.  I am done with it. (And don't kid yourself.  There are plenty others that "get it," even if they never read or post

[Heywood_Silvers]

Well, if you were offered TODAY .6948 shares of GCM or $5 CAD cash, which would YOU take?  I'd take the cash, buy the share of GCM and pocket the difference, wouldn't you? Now, if a counteroffer does come along, assuming that it is not drastically higher than the current offer from GCM, it would be no big deal for GCM to match or up their offer.  Would GLDX management suggest

[menoalittle]

>> I'd take the cash, buy the share of GCM and pocket the difference, wouldn't you? Ah... so for just your 10 or 20 shares, that's what completes the picture for you. But anyone that thinks that could be done with a million shares (never mind the total outstanding shares) is dumber than a bag of rocks.

[likeike]

You are truely amazing menoalittle how you resort to try to make others as diminitive as  you truely are(and not just your name). Pesonal attacks especially on intelligence is so infantile. How old are you anyway? IKE

[menoalittle]

if the shoe fits, wear it.

[likeike]

if the shoe fits, wear it Menoalittle are you saying your shoes are small as well? IKE

[Heywood_Silvers]

You think I'd waste my time here if I only had 20 shares?  Um, GLDX is one of the largest positions in my portfolio.  I'll gladly entertain any superior offers for my shares, if you would do otherwise you'd need to have your head examined!! Is .6948 a bad offer?  No, I never said it was.  In fact, I said it was a legitimate offer that I'll likely vote yes for.&

[likeike]

HeywoodSilvers you da man. I think you said it all although I know the irrational will see  it differently. Would you care to hazzard a guess of what chance the deal has of going  thru as is? Will we get any indications news from GLDX in April on the jewelry boxes on size? How much will jewelry boxes increase the size of the resource is the question is the 64K question. In my mind on

[Heywood_Silvers]

Deal will definitely go through, unless a far supeior offer from another suitor appears.  That is really the only drama at this point:  will we or won't we get the cherry on top for our shares?? Now, one could ask themselves if GLDX witheld the recent announcement until after the merger was announced to either give GCM a better deal or to spur counteroffers post merger announcement

[likeike]

Sir Heywood Silvers my good fellow Cherry on top would be good but I am more  concerned about getting sprinkled nuts (preferably not my own). This has been a long haul but I have always believed in the resource. As far as hiding the jewelry boxes I think they kept the drilling very secret because they could. In the time period next to no news and it was deafening. Now that  things

[Heywood_Silvers]

We could easily be worth more than the .6948 share ratio currently per the agreement.  If anything is going to trigger a counteroffer, news of a potential sizable increse to Toroparu's resource and average grade coud do it.

[menoalittle]

>> We could easily be worth more than the .6948 share ratio currently per the agreement. but you aren't.