Aris Mining Corp T.ARIS

Is it too late?

[oldmanmike]

Soory to say, but this is a $2 stock going forward. Historically it traded at 1 to 1.5 times revenue and 3 to 5 times earnings. My concern of nationalizing the gold industry in Columbia was justified. Taxes are killing the earnings, say $30M annually or about $0.20+/ share. They made $0.08/share this qtr. GCM was making $0.25 to $0.30/sare 2 yrs ago. One year ago GCM stock was $6.00+ per share. Today Aris is $3.40 but there is 80% more shares. That would be about equal to $6.15 /GCM share. Gold production is not improving and one can argue that it is slipping...18% from locals and 30,000 oz from Aris opertions leaves about 150,000 oz from original GCM operations. Any one see the head grades lately? Anyone see the reclaimation results lately. Has anyone heard of the Quebec property moving forward? We know other projects have been delayed. Question.....why is this stock trading like the price of gold is $1700?

I've followrd yhis company for years, made some money, but reality is, the party may be over. To get to $8/share, you may need gold to be $3,000 per oz. B warrants at $2.22 may never be exercised. RBC that  bought all the A warrants may take a big hair cut.

Time to move on!!!

[Ricoloco]

Old Mike who's your power of attorney? Your post is absolute trash you give valuations with no account what has come to the table with the merger. My mom who I'm currently visiting at the age of 99 has more common sense than you do. The truth is that some will simply suck up your garbage without any second thought. A $2 valuation? Mama told you to lay of that weed, it has truly impaired

[oldmanmike]

Time will tell.