Dino's Bar & Grill Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Andrew~ who wrote (37590)	3/5/2018 5:41:40 PM
From: Goose94	Read Replies (1) of 202934

Alamos Gold (AGI-T) top pick from Jon Case on BNN.ca Market Call PDAC Monday March 5th @ 1300ET Alamos gold is a diversified intermediate gold producer with production of 500,000 ounces, two-thirds coming from assets in Canada and one-third coming from Mexico. Alamos recently made a $850-million acquisition of Richmont Mines. Investors viewed that acquisition as overpaying and sold down Alamos. We were large investors in Richmont so we didn’t mind the buyout. If we look at the value of Alamos now, it’s gone from $10.25 to $6.71: a decline of $1.4 billion with $500 million of that coming from market weakness. That means $900 million, or the value of the acquisition, now comes to buyers for free. Insiders have also been buying stock, which I like to see when it lines up with my fundamental view. Alamos has a high-quality portfolio that is trading below our NAV of $7.50 per share.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next