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Alamos Gold Inc 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

Comment by Dragonflyinveston Nov 01, 2024 8:59am
48 Views
Post# 36292018

RE:RE:massive

RE:RE:massivePOG doesn't exist in a vacuum.  I was going to exclude gold jewelry from the effect of market uncertainty, and immediately realized that many other people around the world see gold as the ultimate safe haven, some reduced gold sales presently, might be caused by the hope of purchasing gold at previous and lower prices.  (price resistance)

About twenty years ago it was generally recognized that gold investors benefited more from a gradual rise in POG as opposed to a highly volatile and uncertain market.  One reason might be that investors have greater confidence in steady appreciation.   Wild swings in price often will discourage investors who may wish to wait until the relationship between fiat and POG appears resolved.


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