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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

Bullboard Posts
Comment by BigRichardon Nov 12, 2004 12:32pm
293 Views
Post# 8171245

RE: Wow!!

RE: Wow!!Uncertain myself as to reasons for the strong move in AGI. No news-releases posted unless there's one slated for 4:30 PM today. With POG now firmly above the $430 resistance level (presently $438), big money could begin moving into good juniors and intermediates with tangible assets. Alamos Gold is one in this category. Other gold/silver stocks that merit watching are T.MR, T.GRZ, T.NG, T.WTC and T.NSU. For a good system of charts combined with oscillators go to www.stockcharts.com that is free. AGI has currently moved into overbought territory (shaded area on graph) with a RSI of 75 so keep a close eye for a short term selling opportunity. However, one situation, which could come out-of-the-blue, is a takeover by a company like Wheaton River. Peter Hodson briefly wrote in the September 17 issue of Investor's Digest that AGI is a "pretty decent acquisition target". Gold luck to the longs.
Bullboard Posts