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Gold/Mining/Energy : A to Z Junior Mining Research Site

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To: 4figureau who wrote (3565)3/4/2003 10:50:52 AM
From: 4figureau  Read Replies (1) of 5423
 
Ralfph..I think you, Marcos, and Russell follow this one...from CC morning coffee:

>>Alamos Gold (AGI : TSX : $1.27), Net Change: 0.15, % Change: 13.39%, Volume: 285,000

This company is the result of a merger of Alamos and National Gold. The company’s main asset is the Mulatos gold project in Mexico. Post merger AGI has 33.2M shares outstanding. Mulatos hosts some 3.5M ounces of gold of which 1.8M are within the Estrella zone. Long-term debt stands at US$4.0M that was employed to complete the purchase of Mulattos from Placer Dome (PDG). AGI was definitely an anomaly among gold stocks yesterday posting a 13% gain.<<
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