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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 lenticularon May 31, 2007 6:10pm
274 Views
Post# 12873228

This stock is dead money..

This stock is dead money..I can't believe how many of you are saying load up at this level. And I don't even want to comment on that guy who says he is putting his RSP money in this spec stock..that is the must stupid thing I have heard of in a very long time..talk about potential financial suicide. Anyhow the results are out and the stock went up a big red cent. Now sit back and think about this..yep take off those rosey coloured glasses for a moment. Why did this stock only go up a penny? I know it had a pop in the morning only to be met by heavy selling at the 62 cent level. The market is trying to tell you something here..and that is the stock is dead..I don't know for how long but it is dead. Too buy here would be foolish and if you really want in(and I have decided after todays action to avoid this stock) then wait for a much lower price..I would say maybe 35 to 40 cents. Then maybe you can get a pop on the occasional news release and sell for a profit. Yep, you have read between the lines..this stock is not a long term hold but a trade. Good luck.
Bullboard Posts