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Bullboard - Stock Discussion Forum
Alamos Gold Inc
T.AGI
Alternate Symbol(s):
AGI
Metals & Mining
Gold
Alamos Gold Inc. is a Canada-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine in Sonora State, Mexico. Additionally, the Company has a portfolio of development projects, including the Phase 3+ expansion at Island Gold, and the Lynn Lake...
Project in Manitoba, Canada. The Young-Davidson gold mine is located near the town of Matachewan, approximately 60 kilometers (km) west of Kirkland Lake in Northern Ontario, within the Abitibi Greenstone Belt. The Island Gold mine is located just east of the town of Dubreuilville, about 83 km northeast of Wawa in Northern Ontario. The Mulatos mine is in the Sierra Madre Occidental Mountain range in the east-central portion of the State of Sonora, Mexico. It also owns Qiqavik Gold Project in Northern Quebec within the Cape Smith Belt, with a number of high-grade gold and gold copper showings.
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TSX:AGI - Post Discussion
Alamos Gold Inc
> Why?
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•••
bobofet
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Post by
bobofet
on Jan 02, 2024 12:05pm
Why?
Why does it seem over the past month or so we are steadily moving downwards, when things seem to be looking good overall. I think we are down to levels not seen since spring of 2023.. I dont get it?
(180)
•••
bogfit
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Comment by
bogfit
on Jan 10, 2024 6:09pm
Don't know for certain the factor involved but a Marketwatch chart of the last three months shows AGI +6.9%, HUI +7.45%, POG +8.23%. What this small disparity suggests (if anything) is that USDX indicates growing concern over potential U.S. recession, and move in safe haven is stronger than market sentiment for buying mining stock. This disparity becomes more significant however when
...more
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