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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 > Lo increible will not come back into
View:
Post by Brioche on Jul 24, 2021 11:02am

Lo increible will not come back into

The gcm bag . Gcm and Wa have extended the outside date of the acquisition ( via medoro ) for 2 y more . Oct 2023 .( Maduro always pesident )  june 9th pr on Wa site.
Bingo. 
Lo increible ( 1 mil oz in pp  2009 )is sold ( theoretically ) 20 mil usd to Wa which will pay by issuing shares to gcm.
Problem: the wa mcap is 5 mil cad . ..!!..-))

Knowing serafino has 10 % of Wa and only 1.7 % of gcm , knowing he put big sum years ago in lo increible , now freezed , the only way to get the money back is to prolong this strange deal despite the big potentiel dilution of wa. Potentiel only , because Maduro seems to want discussing with the opponents. So if iwithin one or 2 y , Venezuela changes , lo increible and Wa will be valued a lot higher. Serafino could then win its bet . 

just trying to understand why to marry a nunavut property with a freezed venezuelian one.-)
Comment by Wayned52 on Jul 24, 2021 1:49pm
They wanted out of Colombia exposure like at Juby so Western Atlas fit the bill . WA went way on the back burner as Marmato and GoldX took center stage . Serafino can wait a long time . I bought lots of WA around 5 to 6 cents thinking Maduro would soon be out . That was long ago and the next guy could be worse . They always seem to be . Funny how American oil giant Dutch Shell had it`s properties ...more  
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