Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Gold up 1%
View:
Post by clubhouse19 on Jun 04, 2021 9:50am

Gold up 1%

Guess what ??

GCM only one down...

you just can't make this stuff up
Comment by Outsiderr on Jun 04, 2021 9:57am
just wait....shorts have to cover and they are running out of time...they could not break the 5 CAD share price support, so they need to start buying shares.
Comment by kkkrrr on Jun 04, 2021 10:12am
very dumb idea shorting  this ...    GCM will buy back shares around 5 CAD , Segovia produces cashflow , expansion of plant finalized soon ...     big drilling program underway , metallurgical plant underway ...    
Comment by clubhouse19 on Jun 04, 2021 12:46pm
That is one dumb comment if you are saying that GCM have shorted their own shares
Comment by menoalittle on Jun 04, 2021 10:35am
some of you are either quite ignorant or very, very dumb.  the short is an arbitraged position that will disappear entirely come next week when the GLDX shares are exchanged for GCM.
Comment by Outsiderr on Jun 04, 2021 10:54am
Go cover your position! There are GCM shares being shorted regardless of GLDX shares...the conversion of GLDX shares into GCM shares has nothing to do with GCM current short position.
Comment by likeike on Jun 04, 2021 11:28am
Boy you guys should follow things in SA more. Columbia is not unique. Thru covid hispanics have gotten hyperemotional and done a lot of silly things. Chile is my posterboy and the third draw down on their pension play voted out a government right before they are rewriting their constituition Now the left which is really just union  does not have the majority but a whole slew of ...more  
Comment by clubhouse19 on Jun 04, 2021 1:00pm
So who shorted the GCM shares ?
Comment by invest234 on Jun 04, 2021 9:33pm
if all those shorts are a simple passive arbitrage as you say (shorting gcm and buying goldx in case goldx gets a higher bid), then why was goldx trading at an ~8 cent discount to gcm for the longest time until recently, and why would a passive arbitrage be desperately trading 33% of the volume?
Comment by menoalittle on Jun 04, 2021 11:15pm
If it weren't trading at a discount, an arbitrage play wouldn't exist.   (You ought to educate yourself a little better...)
Comment by invest234 on Jun 05, 2021 3:19am
no the play was to long goldx in case there is a higher offer for goldx even if there is no discount. if the discount was the opposite, then shorting goldx would make you lose your shirt if there is a bidding war for goldx and that arbitrage would not make sense. if the trade was to long goldx and short gcm in case there was a bidding war for goldx, then all they need to do was to set it up, and ...more  
Comment by invest234 on Jun 05, 2021 3:42am
gcm has had high number of shorts in the past too, when it was not in a merger situation. when gcm was $8 in the beginning of this year, the number of shorts was a lot lower. gcm short number goes up and down, it is not a permanent situation. coincidently the number of shorts go down when the price is high, and goes up when the price is low. also coincidently, the share price of gcm is usually ...more  
Comment by clubhouse19 on Jun 05, 2021 11:18am
Getting worse now .Took them a little while to figure how over priced the stock was and the incompetence of management.  On the june 1st shorting summary,  15k trade orders were shorted representing 40% of all orders traded for that period. Do you think they do that because they think the stock is under priced. LMAO But I am sure you will find a way to rationalize that, but them are ...more  
Comment by Heywood_Silvers on Jun 05, 2021 12:27pm
Wow!  15k shares were shorted?  That sounds like a king's ransom to me, how will the longs ever recover from this?! If you think GCM is such a dog, feel free to join the shorters.  Just realize that you are attempting to short gold in an environment similar to the '70s.  How did trying to short gold stocks in that decade work out? If you prefer to remain a GCM ...more  
Comment by tsoprano24 on Jun 05, 2021 12:50pm
Heywood, I assume you are replying to the village idiot, outhouse. Let him trade his few hundred shares as it makes him feel big. He's a playa, bro. I think of him as the guy that walks into a room thinking he is the smartest guy in it. The sad part is everyone else knows he's the stooge. Put him on ignore where he belongs. Somehow his conspiracy theories about shorting in Canada never ...more  
Comment by clubhouse19 on Jun 05, 2021 5:45pm
Tell this idiot sopr-anal to check the trading rules in Canada and check what kind of leeway they have with regards to daily short trading versus what is considered O/S short position and compare the actual settlement rules  of naked shorting to that of the States or any other western jurisdiction. YAP YAP YAP..but this sopr-anal is as clueless as they get.
Comment by Wayned52 on Jun 05, 2021 5:22pm
I laugh !   Only a month ago I predicted what would happen at the AGM vote a little over a week ago . I was giving the bashers too much credit . I said half the retail investors who whine about management don`t bother too vote . It takes less than a minute even if you`ve never used a computer before . Retail vote was far , far less . Much less than 50% of votes were cast . The majority ...more  
Comment by Wayned52 on Jun 05, 2021 5:23pm
If people really want a project , figure out how we can get Reddit to start the mob chasing GCM .
Comment by clubhouse19 on Jun 05, 2021 5:38pm
Belly ache...who me ??... LMAO... I never hold this stock for more than a few days...and would be idiotic if you do and others especially retail play this just like a fiddle with the same old refrain.
Comment by clubhouse19 on Jun 05, 2021 5:51pm
Heywood,,,dream on if you read 15k shares then you can't read as I posted " 15k trade orders were shorted representing 40% of all orders traded for that period."   Now go and check out the report for how many shares that represented from May 16 to May 31 you fool !!
Comment by Heywood_Silvers on Jun 06, 2021 6:56pm
OK, join the shorters then and enjoy.  Just remember that a shorter effectively become a future long when they have to buy back.  Shorting gold in the early innings of a new gold bull market isn't the wisest choice in my book, but each to their own. Your premise on GCM seems to be that since GCM has historicallly been undervalued and unappreciated it will continue to be so ...more  
Comment by invest234 on Jun 05, 2021 1:32pm
last year jun. 5, 2020 (same as today) the number of shorts rose to 3 million shares too. think they never buy to cover? dec. 21, 2020 the shorts gradually dropped to 521k and the share price rose up to $8. then the shorts continued to drop to a negligible 138k feb. 22, 2021. them are the facts. wonderful news that the shorters have so many shares to buy!! (for those calling to put clubfoot on ...more  
Comment by clubhouse19 on Jun 04, 2021 12:59pm
will it be this decade ?? They are still shorting daily over 30 % of the daily volume over 30...and you claim they are getting nervous  LMAO This stock is just simply for trading while the insiders make their self interest deals.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities