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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

Post by nozzpackon Dec 14, 2023 5:21am
180 Views
Post# 35783808

POG up $53 per ounce, heading for new Highs above $2100

POG up $53 per ounce, heading for new Highs above $2100 There is a rational basis for gold to reach $20,000 per ounce.

Inflation adjusted, the POG was valued at $10,000 per ounce just a few decades ago.

Since going off the gold standard in 2021, the POG has been repressed and based on paper gold.

World production of gold is in the early stages of its decline , with most of the low hanging fruit and high grades discovered decades ago.

And, the USD is in the early stages of its failing empire collapse, while emerging world powers and all central banks have been on a record buying binge every single year since the great crash of 2008-9....unseen in a century.

And, even debt jubilee May be part of the process of going back to the gold standard.

MAI has, stoically and with great discipline , prepared its projects for just this stratospheric increase in the POG.

As each project  accelerates its contribution to production and robust cash flows beginning in 2024, MAI will finally reward in multiples of the current share price those who have been astute enough to recognize this transformation to monetization of its value and growth .








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