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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 Fragmanon Jan 23, 2008 2:45pm
258 Views
Post# 14249805

The blood is flowing

The blood is flowingYou think your portfolio is bad. Imagine what Sprott and Pinetree must be going thru. I own another Moly play, Galway. Pinetree had to meet minimum values during the last meltdown and was forced to sell a whack of shares to meet margins. They held on to Galway. This time it will be even worse. Margin calls are going to put some out of business. So much for the smart money. We had better hope for a phenominal report ftom Virgin. Supposed to be out late Jan or Feb.
Bullboard Posts