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Strategies & Market Trends : Alamos Gold

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To: 1st.mate who wrote (521)11/22/2001 1:43:05 PM
From: vds4  Read Replies (1) of 4470
 
hey 1st.mate. looked into it. good news is that hml is one of the few companies that is a legit candidate among those that are publicly traded in this field.

however, they are not actually expecting approval anywhere anytime soon. they are hoping that the review of hemolink is completed by the MCA (UK) in late 2002. this could lead to the uk sponsoring hemolink as a candidate and follow the Mutual Recognition Procedure to gain approval in europe.

2003 is a good guess, and not that far off really.
fda is a bit behind this, but not much.

don't get me wrong. stock looks good. company has some good people involved. but they will not be getting approved just yet. I think the burst in the price is premature. The same thing happens from time to time with AEL.t

martin
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