Bullboard - Stock Discussion Forum Aris Mining Corp T.ARIS

Alternate Symbol(s): T.ARIS.WT.A | CLGDF | ARMN | N.AMNG.NT.U

Metals & Mining Gold

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

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Aris Mining Corp > Messed up is all I can say

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Post by Stratocheif on Jun 24, 2024 8:27am

Messed up is all I can say

If they left GCM alone it would be at least a $10 stock today. It had zero debt and solid production. Some people can't leave well enough alone. Should have sold my GCM shares years ago and put more money somewhere else like artg. Would have been much better off.

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Comment by tobinator01 on Jun 25, 2024 1:58pm

I wouldn't beat yourself up too much. Miners are trailing the price of Gold and are at abysmal levels, historically speaking. At the start of 2021 GCM spike to 8.00. The HUI-Gold ratio was 0.18. Fast forward today and the HUI-Gold ratio is 0.11 or 40% lower. GCM accounting for this ratio suggests the stock price would be C$4.90, if there was no reverse take over. 5 ...more

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Aris Mining Corp