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 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

Minera Alamos Inc

Bullboard Posts

Post by kroghon Jun 06, 2007 2:11pm

252 Views

Post# 12901974

What happened to production this year?

I have not followed VGM for some time. I just went to the web site and heard the interview with Chris Davie. He said that Los Verdes would be in production in 2-3 years. However, last year and earlier this year they talked about producing at Los Verdes this year, and then upgrading later. What happened to that plan?

Bullboard Posts

BMO evolves InvestorLine with enhanced tools for options trading