Aris Mining Corp T.ARIS

Timeline for Production of Current Projects

[canuckman1]

I just reached out to the company to find out their production timelines for Toroparu and Soto Norte.

I am not happy that the Marmato Lower Mine which was originally stated by the company that it would be in production by 2024 has been pushed out another two years to 2026.

They have also had some changes on their management team.  I see Andrew Gubbels is now the CFO for Gold Royalty Company and Meghan Brown (VP of IR) is no longer listed on their management team.

Canuckman

[topoftheday]

They are not being very transparent. This isn1t good for the stock price.

[canuckman1]

I recently received some feedback from the management team regarding my questions concerning production timelines for their mines. Reasons Why Marmato was Delayed in Starting the Lower Mine Build The old Marmato timeline was driven by the 2020 PFS study which was completed by our predecessor  Since taking control of the Company and installing our own mgmt we relooked at the study and

[tobinator01]

It would appear to me that the GCM management team were vastly over-promising future timelines and production targets.  Now that seasoned and proven management were installed, they are installing realistic production and developmental targets.  I would guess permit approval for Soto Notre would light an absolute fire under Aris' stock price.  Toroparu someday will be a great

[Stratocheif]

No decision on toroparu till 2025, no action on Soto note till 2027???. If this is true, imo, this company is a farce. They borrowed 300 million and started buying stuff to build toroparu. Now they will be stuck paying interest in that for years??  With no increases in revenue linked to it??? I owned GCM, they were a good stable producer of  200k+  oz, they were paying a dividend

[Chizkiyahu]

Canuckman, I'm not worry about that situation. If the gold price is climbing up monthly then Aris will be fine with extra profits from selling above $2k/oz. Think positive. Chizkiyahuu