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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 GreenGeckoon Aug 19, 2020 12:49pm
199 Views
Post# 31429103

RE:From Mark @ IKN

RE:From Mark @ IKN IKN has touted Mineral Alamos for quite some time for numerous reasons.  This company is coming into production with no further need for capital, has another or 2 additional projects in the pipeline, and their ongoing drilling is destined to drastically enhance their profitability from their soon-to-be producing open pit.  This is one that has flown beneath many radars, until now.  Price strength in the face of a sector correction, with strong trading volume, is indicative of a country that is being revalued in the face of multiple price catalysts.  I've been adding, not an insignificant amount.  
Best to all.  You've hitched your wagon to a thoroughbred.
Bullboard Posts