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Bullboard - Stock Discussion Forum Minera Alamos Inc V.MAI

Alternate Symbol(s):  MAIFF

Metals & Mining Industrial Metals & Minerals
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,... see more

TSXV:MAI - Post Discussion

Minera Alamos Inc > From the blogosphere -High Grade@economic alpha
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Post by loonietunes on Jun 25, 2021 7:15am

From the blogosphere -High Grade@economic alpha

High Grade TractorEarth globe americas Retweeted
 
 
 
 
$MAI.V cash position strong. C$18m cash and C$2.2m in Prime Mining shares. Has enough cash to get thru rampup at Santana, IMO. From talking with Doug, it seems they're thinking 2500 oz per month run rate at start of 2022 and more like 4000-4500 oz by end. 40k-45k oz in 2022.
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