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Bullboard - Stock Discussion Forum Aris Mining Corp T.ARIS

Alternate Symbol(s):  T.ARIS.WT.A | CLGDF | 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 > fantastic value at current shareprice. Trouble is management
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Post by drunk@noon on Mar 07, 2024 11:43am

fantastic value at current shareprice. Trouble is management

wants to build an empire, rather than crystallizing the value for shareholders of simply establishing at 500,000 oz a year operation consisting of the marmato- segovia  cash cow and using that cash to buy back shares etc. Sure keep the guyana property and if gold is in a new 2000 oz plus envornment and if the ROI can justify it, develope it 5 or so years down the road. In the meantime marmato seg would be throwing off almost as much cash as the current market cap.. Thus if the shaeprice was only double the current shareprice, it would stil make sense to do nothing more than buy your shares back. 
instead they yap about turning this into a million an oz company, with each year using up precious high quality reserves of 1 million oz a year to fund G only knows what kind of other cash sucking affair.
Comment by ppp on Mar 07, 2024 1:13pm
Every time I invested with this group I have made money. So I will throw my chips in and let these guys do what they do best.. Wheaton River made me alot of money so did Endeavor and leagold.  Can  they do it agian time will tell.  
Comment by tsoprano24 on Mar 07, 2024 1:38pm
drunk@noon, agree. But from a chart standpoint I like what I see. Stuck to upper bolinger band which are spreading out. Should lead to days of upward momentum. Looks like multiple crossings on EMAs. Bullish. Macd has positive divergence. Saw similar setup on TNEYF, Tamerick Oil. Followed BB up for over a week.  The company could help out with buybacks, but I realize I've mentioned that ...more  
Comment by menoalittle on Mar 08, 2024 12:45pm
Gold is at record highs...  Which basically means that Segovia is spitting out enormous amount of cash. If only management would take a bit of effort increasing shareholder value, this stock could (and should) roar. 
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