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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
Comment by Christockon Sep 23, 2008 11:58am
455 Views
Post# 15478092

RE: The selling is being forced.

RE: The selling is being forced.


There will be another house buying too my friend ... HSBC  Merrill ..

I agree with your interpretation.  This is some hedge fund manager dealing with other people's money (guaranteed to have bought at higher levels) .. I'm sure they did not understand this deal or the assets the way we do ...

I'm thinking we should go for a million shares at these levels ($.05) to make it work something.

The beauty of markets is this: sometimes unsympathetic and cruel, but rationality and valuation logic can allow you to understand exogenous variables and make $$$ ... today's macro environment will create opportunities like this for a while yet / different times / different stocks / different sectors ... opportunity abounds.

This is almost fun     :-)






Bullboard Posts