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Bullboard - Stock Discussion Forum 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... see more

TSXV:MAI - Post Discussion

Minera Alamos Inc > Volume
View:
Post by Arbutus22 on Oct 20, 2021 2:53pm

Volume

Any ideas as to reason for volume spike today?
Comment by deepthinker63 on Oct 21, 2021 10:17am
Fear.  The Mexican guvernmrnt is seizing US-owned energy assets and Biden admin is doing nothing to stop it.
Comment by deepthinker63 on Oct 21, 2021 10:19am
Needless to say, Trudeau would do even less.
Comment by Arbutus22 on Oct 22, 2021 12:49pm
Okay, so retail investors fear that the Mexican energy asset grab will spill over to a commodity grab. Even assuming this thinking is accurate, the Mexican govt is sending a statement to US govt. MAI is Canadian owned, has a lengthy history (and presumably strong contacts) with Mexican government, and is not an energy play. With gold finally breaking through (but not yet holding 1800/oz), and MAI ...more  
Comment by Arbutus22 on Oct 26, 2021 9:47am
We have a definitive answer re: extraordinary volume and sp weakness: Osisko (insider) sold 7.6m+ shares. Guessing one or more other insitutional buyers were lined up on buyside; if sold into retail, sp would have been hammered. https://www.canadianinsider.com/money-moving/2021-10-26/public-market-insider-selling-minera-alamos-mai
Comment by Bluetick on Oct 26, 2021 9:53am
SEDI Insider Filings Share SEDI Insider filing browser Filter by Company × Filter by $CAD Amount × Filter by Filing Type   Filter by Insider ×     Date Issuer Insider  ...more  
Comment by Bully88 on Nov 03, 2021 11:13am
looks like osisko's sell off is over.
Minera Alamos Inc
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