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

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Aris Mining Corp > Just 9 mil usd to retake control of Aris .

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Post by Brioche on Sep 20, 2021 3:46pm

Just 9 mil usd to retake control of Aris .

And less very soon ?
If i were fino i will increase the stake just under 50%.

170 mil us in cash and 76 remaining from stream. Aris is worth its cash now..

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Comment by Wayned52 on Sep 20, 2021 4:42pm

Way back when all the deals were happening I said I thought Serafino had only put Marmato in a holding pattern until he could get it back in full. I still think the same thing . This is not a guy who lets things go easily

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Comment by kkkrrr on Sep 21, 2021 11:12am

i don't think Serafino wants Aris back soon ... the reason for spin Marmato out was the risk building a big underground-mine... Aris now has a own mangement with a lot of experience... maybe GCM will get back control of Aris later (3-4 years down the road) after most of debt is paid down (Marmato-Notes...) .... or GCM simply takes the capital gain (Aris shares) ..sooner or ...more

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