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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
Comment by Fragmanon Jan 01, 2010 11:29am
184 Views
Post# 16631107

RE: RE: BIG QUESTION FOR VGM SHAREHOLDERS

RE: RE: BIG QUESTION FOR VGM SHAREHOLDERSthere already is an adit in los verdes.   it is falling apart.   they took samplings from the adit.   davies shopped los verdes to a whack of potential investors.   he struck out, obviously.  los verdes is likely too small to be economically feasible.   There is hope for depth but not for width.
hermanos needs up to date work done on it.   Pinetree liked this one.   pinetree bailed and has not come back.   Sprott held shares too.   not back either.   I too took my lumps on this one.   would love to see virgin come back but they have nothing.   moly needs to double in price and that isn't going to happen any time soon.   Look at roca.   a producing mine.   they were in the 5.00 dollar range and now trade in the 40 cent range.  they have a small but rich moly site.   they are struggling to be what they thought they should be.

good luck to you guys.   maybe there will be gold in hermanos.
Bullboard Posts