Aris Mining Corp T.ARIS

Golden Gift

[TechOne]

https://www.thebigscore.com/p/golden-gift?utm_campaign=email-half-post&r=1i9lj&utm_source=substack&utm_medium=email

[tobinator01]

I'm on US west coast time and woke up reading this board and it seemed everything was a Debbie Downer.  The big headache for me in regards to the future of this Company was how in the hell they were going to come up with $300 million if they got the environmental permit at Soto Notre.  Today's announced deal is a stroke of genious and on par with the $12 million = 100,000 more

[marketsense]

I think you hit the nail right on.  At first blush this seems to favor MBD but I agree,  if keeping environmental footprint small and squeaky clean can lead to an incease in production down the road,  this could end up being a very nice win for both partners. The thing is,  with Giustra,  he is a huge proponent of environmental repsonsibility and will make certain that

[canuckman1]

I recently spoke to very knowledgeable individuals in the industry and they love the deal! Aris management significantly lowered the cost for the 51% ownership of the Soto Norte mine.  By making the deal now they locked in at a much lower price before gold heads higher - they paid about $24 an ounce. The terms also inceases the permitting odds for the mine. Neil Woodyer and the management