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Alamos Gold Inc T.AGI

Alternate Symbol(s):  AGI

Alamos Gold Inc. is an intermediate gold producer with diversified production from three operations in North America. This includes the Young-Davidson mine and Island Gold District in northern Ontario, Canada, and the Mulatos District in Sonora State, Mexico. Also, it has a portfolio of growth projects, including the Phase 3+ Expansion at Island Gold, and the Lynn Lake project in Manitoba, Canada. The Young-Davidson mine is located near the town of Matachewan in Northern Ontario, Canada. The Island Gold District consists of the adjacent Island Gold and Magino mines, located just east of the town of Dubreuilville, Ontario, Canada. The Mulatos mine is located in the Sierra Madre Occidental Mountain range in the east-central portion of the State of Sonora, Mexico. The Lynn Lake project is located in northern Manitoba and consists of two primary sites, MacLellan and Gordon. Its other projects are the Turkish Development Projects, the Quartz Mountain Gold Project, and Qiqavik Gold Project.


TSX:AGI - Post by User

Bullboard Posts
Post by coach247on Sep 28, 2007 12:28pm
298 Views
Post# 13488306

volume

volumeIt has been annoying to watch AGI stuck in this trading range, but at least when it sells lower, it is always on very thin volume. I take encouragement from the fact that the high volume days for this stock are when the stock posts gains. It looks to me like there is accumulation going on and it comes down to just waiting for the stock to break out past $7. With gold continuing to climb to new highs for this move, I dont think we will have to wait too much longer. And speaking of waiting, I think an updated resource estimate is due anytime now, along with results from the scoping study to determine if a larger underground operation should be developed to target the higher grade zone. That may be the catalyst to get AGI moving again. cheers! COACH247
Bullboard Posts