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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

Comment by Dragonflyinveston Nov 25, 2024 2:50pm
65 Views
Post# 36329686

RE:Ouch.....

RE:Ouch.....Good luck making sense out of this market.  Everyone wants to believe in a booming economy and capitalism on fire with government regulations cast to the wind making for higher corporate earnings with reduced taxes for the rich.  Yipee!

What we learned at the start of the 20th century is that unbridled capitalism does not promote a healthy economy nor support consumerism.  There seems to be a capitalist Deathwish in heating the economy until they cook the goose that laid the golden eggs.

Should be unnecessary to say but anyone who sells today deserves to lose their money.  If you made the same decision that I did to hold shares (equity) in mining companies instead of cash, you have lost nothing today as long as you hold the same position.   I know that today’s spot price has absolutely no bearing on POG next year when today's pregnant solution is reclaimed.


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