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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 ogod00on Jun 19, 2018 2:41am
166 Views
Post# 28189894

puzzled

puzzledsome boredome induced dd triggered by buyer regret has thrown up some questions, there seems to be a lot of data available for the so called late stage guadelupe, which begs the question , why did Vista sell, why did great panther after paying for 5000m of drilling walk away, i  , I am not 100 percent sure but if this is same la fortuna it was on market for 1,2 m 18 months ago, what milestones could have been achieved in that time? it s election time in mexico, a time when all government posts get reshuffled ,so i m also 100 percent sure no permits will be issued until dust settles,
late stage Guadelupe  historical data no fresh drilling 2 previous companies passed
late stage la fortuna not likely who applies for mine permits based on historical data and some new cursory sampling?
santana another pre drilled and abandonned property, with truly poor grades
a lot of smoke, easy money has probably been sucked out of the properties, only ray of hope is that one of the competent shops out there has dumped 5 million into mai which in grand scheme of things is chump change, have been long for awhile not too far under water and looking for a reason to stay long...but the notion of a roll up company specialising in acquisition of properties no one wants is not appealling
GLTA

Bullboard Posts