RE:RE:RE:RE:RE:RE:Psych and argonautgoldRelax people
If you are under $.60 cents you will make your money.
Eventually this will be worth $.80 factoring in Alamos shares and SpinCo.
Alamos is doubling production from 450 to 900k oz and Magino's mill plays a large role in it, share price will appreciate from $18.42 (deal price) to over $30 if not higher making you decent money. Still think SpinCo will rerate much higher if gold sticks around $2,400 especially come 2025 when FC is pumping out 100k oz from that additional leaching pad.
Safe hold in this bull market, if Barrick or Newmont steps in to take out Magino/Island complex it's another story. At 400-500k oz sub $1,000 AISC it's a top 3 mine in Canada, prized asset that any major wants to have under their belt