Minera Alamos Inc V.MAI

Alternate Symbol(s): MAIFF

Metals & Mining Industrial Metals & Minerals

Minera Alamos Inc. is a gold production and development company. The Company has a portfolio of Mexican assets, including the 100%-owned Santana open-pit, heap-leach mine in Sonora that is going through the start-up of operations at the new Nicho Main deposit. The Santana Property consists of certain mining claims located approximately east-southeast of Hermosillo, Sonora, Mexico. Additionally, the Company holds a 100% interest in certain contiguous mining concessions referred to as Santa Lucia and Hilda 35 Fraccion 1, located in Sonora State, Mexico. Its 100%-owned Cerro de Oro oxide gold project that comprises Zacatecas I and Zacatecas II concessions is located in northern Zacatecas and covers about 6,500-hectare (ha). The Company holds a 100% interest in the La Fortuna open pit gold project in Durango, which covers about 6,200 ha. The Company also holds a 100% interest in a mining property known as Los Verdes, a molybdenum-copper property located in the State of Sonora, Mexico.

TSXV:MAI - Post by User

Minera Alamos Inc

Bullboard Posts

Comment by Christockon Aug 07, 2008 8:12am

386 Views

Post# 15364697

RE: The cash costs are low

Dude .. know is know / not no ?

what are you doing here ? .. did you lose money ?

VGM is very underpriced .. this deposit 'Los Verdes' is great, and will get better with refinement and progress quickly to production etc.

They are drilling Cuatro Hermanos deeper than any previous holes .. seeking source. This could be interesting.

.. VGM stock price has been volatile ... the volatility isn't done yet .. more to come / hang tight

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