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Alamos Gold Inc(pre-merger) T.AGI

Alternate Symbol(s):  AGI

Alamos Gold Inc. is a Canada-based 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. Additionally, the Company 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 gold mine is located near the town of Matachewan, approximately 60 kilometers (km) west of Kirkland Lake in Northern Ontario, within the Abitibi Greenstone Belt. The Island Gold District is located just east of the town of Dubreuilville, 83 km northeast of Wawa in Northern Ontario. 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.


TSX:AGI - Post by User

Post by tootall123on Sep 26, 2024 6:37am
98 Views
Post# 36241603

GOLD IS KING

GOLD IS KING

Sep. 25, 2024 2:41 PM

Dave Kranzler

Summary

According to Bank of America, gold has surpassed the euro to become the second-largest reserve asset after the U.S. dollar.

The dollar is currently testing the 100 level on the index, which has served as technical support since early 2023.

If the Fed starts to cut, in all likelihood, the dollar will drop to 90, where it was in mid-2021.

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