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Minera Alamos Inc V.MAI

Alternate Symbol(s):  MAIFF

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

Bullboard Posts
Post by Christockon Sep 18, 2008 8:15am
570 Views
Post# 15465645

mgt. meeting

mgt. meeting

Folks .. all is well.

re: insider buying ... you'll likely see some soon .. and the rest of us will be there too.

re: financing ... several options on the table because Los Verdes is really a great little deposit with significant copper credits / manageable capex (comparables capex are $500M - $1B etc.) / fast payback / highest grade moly equivalent open pit primary project in the world (interesting fact) ... there will be no equity dilution at these levels and stock is cheap. 

The markets are crazy, but NPV having been quantified (significant underestimate at $120M), suggests under normal conditions VGM should trade at $.25-.35 (20%-30% of NPV) ... this is giving no value for Cuatro

VGM stock is very very cheap / no impending dilution equity financing (maybe mezzanine debt)  .. if you have higher avg. price / honestly this is time for some averaging ... molybdenum demand drivers all in place / Los Verdes a fully feasible and prospectively highly profitable project.  The presence of copper makes financing (debt or structured finance) almost a given ..

Your investments are safe / mkt. will reflect value (quickly 5X current share price) when a measure of stability returns.






Bullboard Posts