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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
Comment by sancabon May 11, 2014 11:52pm
114 Views
Post# 22549491

RE:RE:RE:New 52 Week Low ---$9.62

RE:RE:RE:New 52 Week Low ---$9.62
let's look at the facts.. Ago dropped cause they said costs will be up by 20%.. from 700 to 900 approx.. Yet the stock drops more that 45% From $18 to now $9.66 They have no debt... $400MM in cash... V.low dilution.. Pay a dividend... Then you ask why r ppl dumping it? Well it's because the general population believes that things are back to normal. They are oblivious to the fact the USD is in for a shocker down grade.. Us federal debt is at $17trillion..and growing At this growth rate the debt will surpass US GDP. Which means USD down grade is eminent. Now we r small fries... But think if u r a millionare with millions invested in the green $.. Would you want to loose value due to down grade in currency? Then there is the Chinese currency. China is buying all the gold they can get their hands on. Why? If the AU price is overvalued, they should wait for down swing... But no. They have been buying like crazy ppl. I wonder why? So my friend you gotta look at what NOT being said rather than what is being said. No paper currency can survive the global money printing. A time will come for a reset. And it's not looking pretty. These are my fundamentals for buying in AU producers. And AGI is my favourite.
Bullboard Posts