Aris Mining Corp T.ARIS

Why is this dropping hard?

[wictory]

It seems very cheap to me. It will snap back in the coming days

[invest234]

i think some people were surprised by the $51 mil drop in cash that was used to pay soto. that $51 mil appeared as current liability in q4 financials. q1 cash was used to pay it down. cash dropped, but current liability dropped also. it is like using cash to pay down debt. nothing is lost when cash cancels liability. aris total equity actually increased to us$513 mil from us$501. it was only a

[invest234]

plus accounts receivable increased by $8 mil, accounts payable decreased by $6 mil, inventories increased by $3 mil. for a net positive of $17 mil. their vat receivable accumulated to $36.7 mil which they should receive next q to offset any annual tax.

[kkkrrr]

overreaction ... production was OK ... the outlook for the year is the same AISC -projection 1050-1150$ ... looks OK for me ...  administration-costs down ,   spending on Toro and marmato lower mine appr 10 million $ ...     production will rise in Q2 2023 ...    for me the glass is half full

[rotax1]

true, but for me it's a good thing I was able to buy a full truckload of aris.wt.b from 1.65 to 1.30 I would never have believed that possible with a gold of more than $2000, approx 13000 warrants in 2 days buy low sell high I've been doing this 3 times in 1 year with ari$$$$