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.

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Minera Alamos Inc

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Comment by angler21on Jan 02, 2008 11:12am

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Post# 14141038

RE: New Years prediction

I would like the share price but I am leary about committing to bank financing - maybe for a portion of it. So many mines have said they would get bank financing and the banks demand more and more and they finally give up and go for equity financing. Mine has always said it would take about 18 mths to go into production because of the long order time for the mill. Best scenario for us is to see the scoping study come out and see somewhere that they have ordered 1 or 2 1tpd mills. Thats my opinion.

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