RE:RE:RE:RE:Alamos Gold in FP this morningI don't think so, consider the strong portfolio of new AGI, there are two mines in Turkey, which are ready to exploit once the permit is issued.
I remember that a news released in Feburay indicated the permits for these two mines may be issued within six months - before August, once these mines are begin to work, a huge rise for the SP can be expected. I think that's the reason the CEO of AGI bought a lot of AGI stock in June, since the he exactly knows what will happen.
Consider the gold price is almost at the bottom, and the current B/P ratio of AGI, I guess the SP of AGI may be double within 12 months, let's see.