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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 01, 2010 3:04pm
362 Views
Post# 16631361

DUDE

DUDEI think you should check the Sept 30 Pinetree site.    they are not invested in virgin at all.    They haven't been in over a year.  Virgin will not do anything in Los Verdes.   They tried in the best market for financing the world has ever seen.   they could not get financing.   The bottom fell out of that world and it will not come back like that.
I cannot believe the tsx hasn't sent Virgin packing.   Virgin does not have enough cash flow to cover expenses required to maintain a tsx listing.  They should save some bucks and go back to vancouver.  Am I wrong ?   Show me their cash flow.  They have a million shares out there ,Dude.
I would love to see them succeed but.............I am not here to interupt your cheerleading section.    have at it.
Bullboard Posts