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Aris Mining Corp. T.GCM


Primary Symbol: T.ARIS Alternate Symbol(s):  TPRXF | T.ARIS.W.A | CLGDF | T.ARIS.W.B | ARMN | N.AMNG.NT.U

Aris Mining Corporation is a Canada-based company, which is primarily engaged in the acquisition, exploration, development and operation of gold properties in Colombia, Guyana and Canada. The Company operates the Segovia Operations and Marmato Mine in Colombia. The Segovia Operations are located 180 kilometers (km) northeast of Medellin in the Segovia-Remedios mining district of Antioquia, Colombia. The Marmato mine is located in the Marmato gold district in the Caldas Department, a mountainous region approximately 80 km south of Medellin, Colombia. The Company is also the operator and 20% owner of the Soto Norte Project. The project is located within the traditional mining area of California, Vetas, which is located approximately 350 km north of Bogota and 55 km northeast of the city of Bucaramanga. The Company also owns the Toroparu Project in Guyana and the Juby Project, which covers an area of approximately 42,817 hectares and is located in the Cuyuni-Mazaruni Region of Guyana.


TSX:ARIS - Post by User

Bullboard Posts
Post by bigreturn11on Mar 31, 2019 4:27pm
153 Views
Post# 29561219

Reserve life of 3 years at 220,000 oz/year

Reserve life of 3 years at 220,000 oz/yearI am very new to this story, as in stumbled on the name one hour ago. Help me out here....

The GCM valuation appears to be dirt cheap based on trailing profit and margins. Elephant in the room is that the P&P reserve life of 688,000 oz will only get them through 36 months or less, depending on ramp up.

With exploration being conducted in 2019, does anyone have any commentary on potential reserve grades in undeveloped area. What if they grades are low or not significant?

..I assume that this is the reason for the discount that it is currently trading at. 
Bullboard Posts