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 is engaged in the acquisition, exploration and development of mineral properties located in Mexico. It has a portfolio of Mexican assets, including the 100%-owned Santana open-pit, heap-leach mine in Sonora. The Santana Property consists of nine mining claims and covers about 4,500 hectares and is located over 200 kilometers east-southeast of Hermosillo, Sonora, Mexico. Additionally, it holds a 100% interest in two contiguous mining concessions that cover over 350 hectares, referred to as Santa Lucia and Hilda 35 Fraccion 1. The 6,500-ha Cerro de Oro gold project is located in northern Zacatecas State, Mexico, and is accessible by paved highway. Cerro de Oro project comprises the Zacatecas I and Zacatecas II concessions near Concepcion del Oro, Zacatecas, Mexico. The 6,200-ha La Fortuna project is in Durango State, Mexico. It also holds interests in a Los Verdes property and Suaqui Verde copper project.

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Minera Alamos Inc > National Bank

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Comment by MrVerbatim9800on Jun 19, 2020 1:29pm

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Post# 31170243

RE:National Bank

Correct. This is currently way undervallued, but steadily growing with a beautiful trendline up and zero signs of slowing down.

Construction on the mine has begun and they will be extracting gold as early as Sept 2020. They seem to remain on track, despite the Covid issue. If there are any delays, it will only be pushed to spring 2021, no big deal. They are already on the gold and ready to pull it out.

I love this stock. A sleeping giant starting to wake up and the price of gold is heading higher as well. Perfect timing.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle