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Bullboard - Stock Discussion Forum Aris Mining Corp T.ARIS

Alternate Symbol(s):  CLGDF | T.ARIS.WT.A | 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 > BAGHOLDERS!!!
View:
Post by steamedmuscle on May 10, 2021 8:56pm

BAGHOLDERS!!!

as an example, equinox gold often uses 0.5g/t cutoff grade....their gold price assumption is 1200 or 1350 depending on a mine....recovery rate is at 90-95%.... the formula is: gold price= (blah blah blah)/(cut off x recovery x blah blah bla) here is the funny part...segovia recovery rate is already at 85%....reducing the cut off as part of denominator from 2.9g/t to 0.5g/t will drive the gold price to 1600 x 2.9/0.5=9280 dolla while recovery rate would improve by only 10%.....9280x0.85/0.95=$8300 for reserves to rise to 750k oz...hahahahaha u bagholders are so fackin dumb
Comment by steamedmuscle on May 10, 2021 8:58pm
its not exactly linear like that, but u get the idea...lmao
Comment by steamedmuscle on May 10, 2021 9:08pm
recovery rate at 85% at price of gold of 1600....which brings u to a 3 year mine life....after 30000 meter of drilling....what u gonna do, bagholdets? raise the cutoff and drop recovery rate and reserves to 2 year mine life? drop the cutoff, and extend the mine life by a month? hahaha bagholders, injoi mining the feces
Comment by valueu1 on May 11, 2021 11:58am
Geology/ Au will remain and bashers are away today. Results next.
Comment by likeike on May 11, 2021 8:33pm
Man this is only the second post today ....what the H...? More action on GLDX board.....that has to be a first. It is going to so great to just get the vote out of the way....going to  have some serious catchup to do. Cotton picken boy how come you all want to ask the hard questions when the high commander is on the the board but no one as in last meeting  asked one question?  ...more  
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