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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Andrew~ who wrote (35551)	11/24/2017 9:46:04 PM
From: Goose94	Read Replies (1) \| Respond to of 203541

Alamos Gold (AGI-T) top pick from Daniel Lloyd on BNN.ca Market Call Friday Nov 24th @ 1300ET We believe that Alamos is the premier mid-cap gold producer to own in Canada, particularly after having recently completed the acquisition of Richmont. With a large net cash position on the balance sheet and 2018 production guidance of greater than 500,000 ounces in Canada and Mexico - at what we believe should be an all-in sustaining cost of below $850 - Alamos should continue to generate substantial free cash flow to add to their cash hoard. Also, given that we believe at this point in the economic/market cycle it is wise to exhibit some caution, we believe some gold exposure is a reasonable way to own defensive assets should the market roll over.