Alamos Gold Inc (AGI)

[blackcat]

Agree- it should be part of the presentation every Qtr.

[hitman558]

They might put out an early press release showing production numbers and revenue. They only do this sporadically. I wish they would do it after each quarter. Have to take what they give us.

[blackcat]

If you're right- we really should have a jump in pps.

[hitman558]

Here's some quick numbers based on my OPINION only. I think we'll see gold production around 140,000oz with revenue around $183,000,000. I see no reason why EPS should be lower than .08 with a high possibility of .14. I'm basing that on an average gold price of $1305 for the quarter which might be a bit low. At that price, AGI should be making around $405 per ounce. I think production and revenue numbers will be very close but somehow my EPS calculations are usually way off. Not sure why. Once again, these all all opinion based.

[hitman558]

Small resistance at $5.85 and $6.03. Could run to $6.32 short term. Remember, Young-Davidson had a weak 1st quarter but management didn't budge on their year guidance. Look for at least 10,500 oz increase at Young-Davidson from 1st quarter numbers. 2nd quarter numbers should bounce AGI over $10. AGI will report after the close on August 1st with a conference call on the 2nd. I'm hoping AUY puts their numbers out before that date, has a great quarter, stock price gets a jump and I can sell and buy more AGI right before earnings. All opinions.

[saturn_five]

Good to see AGI rising from the dip down to $5. Island Gold Mine (Northern Ontario) seems to be a very strong asset.
AUY's Cerro Moro Mine (now ramping up in Argentina) may be the cure for their "over-leveraging virus" (?)
Years ago, I went long on AUY, AGI ... also long Pan American Silver, which raised its cash dividend by 40% in Q1 2018.
AGI: Why not $7 -->$8/$9 in 2020 !?$
$$ glta

[hitman558]

Been buying AUY over the past week. I hate the company but I think the potential of something big is there. Time will tell.

[hitman558]

I'm the same way.

[blackcat]

well- that's very nice of you! For me- I always do DD before I buy anything. You could be the best trader ever- and I'd still do it. Not for lack of trust- because I'm one of those "old fashioned" investors. I need to know what I own.

[hitman558]

No problem. If I post I bought something, I like to post when I sold it just in case anyone shows an interest in what I bought. I hope no one follows me without doing their own research. I'm much more wrong than I am right.

[blackcat]

Thanks for the update. Not working this weekend so I actually have time to look at it.

[hitman558]

Sold all my Hecla today and took a position in Yamana(AUY) and sideline cash. Not a fan of the company but their earnings are in July. I think they can do well and get a jump in price. Then I can come back to AGI before their earnings in August which should be great again. Hope I'm doing the right move. Time will tell.

[hitman558]

There's no reason to rush into anything in the precious metal sector right now. Gold and silver will have another rally followed by another drop and the cycle will continue. Be patient and do your research.

[blackcat]

I still haven't done anything. working too much to construct and watch for good trades. maybe next week.

[hitman558]

Crazy day. If AGI can sit here for awhile and I can get Hecla back green, bye to Hecla and pick up more discounted AGI shares than I sold.

[hitman558]

Silver miner. I think they could run to $6 this year.

[blackcat]

Looking at HL- not familiar with them.

[hitman558]

Sold half my shares at $6 today. If we can't break and hold above $6 by Tuesday, I'll sell the other half and wait for a drop to $5.50. Going to play Hecla (HL) for awhile.

[hitman558]

We're running out of chances to break and hold above $6.

[hitman558]

Couldn't get any momentum going today. Rate hike tomorrow. If it's like the others, look for the manipulated drop in gold before buyers come in late.

[hitman558]

A very big jump tomorrow would not surprise me.

[hitman558]

$7 next Thursday. Bullish trend.

[hitman558]

We hit that $6 brick wall and never recovered. We did get a buy upgrade today and are still in a bullish technical pattern. A jump in gold would really getting us going. Until then, we have to break $6 and then it won't matter what gold does as we will run to $7 quickly.

[hitman558]

If we can break and hold above $6 today, $7 will come fast.

[hitman558]

Looks like some buyers are coming back. Hopefully long term.

[hitman558]

Someday, for no reason, this will jump 15/20%.

[NYBob]

ALAMOS GOLD EXTENDS HIGH-GRADE MINERALIZATION AT ISLAND GOLD MINE -

https://www.alamosgold.com/news-and-media/news-releases/news-releases-details/2018/Alamos-Gold-Extends-High-Grade-Mineralization-at-Island-Gold-Mine/default.aspx

Its excellent good news and high grade drilling results.

https://www.alamosgold.com/mines-and-projects/producing-mine/island-gold-canada/default.aspx

https://www.alamosgold.com/investors/Presentations/default.aspx

https://www.alamosgold.com

In GOD We Trust -






http://www.kitconet.com/images/live/au0001wb.gif

Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -


http://www.biblebelievers.org.au/monie.htm

PG is a great gold producer -
when over $3.- more can margin it
and more funds will enter -
the bargain share price will move higher faster smile)

God Bless America

[blackcat]

Thanks- that helps some. There's this:
All reported lengths are true width of the mineralized zones.

To me- length and width are 2 dimensions. Like an axis. So I can't actually envision what that says except that it seems to mean "the physical areas are as big as we said they were".

I do like it that they are increasing capex fairly significantly.

[hitman558]

No one understands it...haha. I really would love to take a class or two on mining just so i could understand these press releases but who knows where to find one? This may help.

Alamos Gold Reports Successful Extension of High-Grade Mineralization at Island Gold Mine in Northern Ontario
BY MT Newswires
— 7:39 AM ET 05/24/2018
07:39 AM EDT, 05/24/2018 (MT Newswires) -- Alamos Gold ( AGI) shares rose marginally in Thursday's pre-market trade after it reported new results from the ongoing surface and underground exploration drilling programs at the Island Gold Mine in northern Ontario, Canada, saying that the 2018 exploration program have been successful in extending high-grade gold mineralization.

The Canadian-based intermediate gold producer said that the program extended high-grade gold mineralization along-strike and down-plunge from existing mineral reserves and resources across three main areas of focus: the main extension; the eastern extension; and the western extension. All reported lengths are true width of the mineralized zones.

In addition, the company said that, reflecting the exploration success to start the year, the 2018 exploration budget for Island Gold has been increased to $18 million, up from the initial budget of $15 million. This includes the addition of two surface drill rigs, bringing the total number of surface drills to six.

With the expanded exploration budget, 45,000 meters of surface directional exploration drilling is now planned for 2018, up from 33,000 meters. The 2018 program also includes 30,000 meters for underground exploration drilling, 35,000 meters for underground delineation drilling, and 15,000 meters for regional exploration drilling.

[blackcat]

You know- I read these and I honestly try to understand- but I don't! I take this to be good news, but I wish I knew what it actually means.

Main Extension

Exploration drilling in the Main Extension area is targeting the down-plunge continuation of gold mineralization below existing Mineral Reserves and Resources (Figure 2). Previously released drilling completed in 2017 in this area intersected:

32.41 g/t Au (19.85 g/t cut) over 8.40 m (MH8-4);
23.23 g/t Au (11.67 g/t cut) over 9.42 m (MH2A-12);
11.36 g/t Au (11.36 g/t cut) over 3.57 m (MH10-3); and
46.81 g/t Au (20.60 g/t cut) over 1.97 m (MH10-2).

The 2018 surface drilling program continues to expand gold mineralization, currently intersected up to 900 m down-plunge from existing Mineral Reserves with a drill hole spacing ranging from 75 to 100 m (Figure 2).

[hitman558]

Today's press release:

https://ih.advfn.com/p.php?pid=nmona&article=77509815

[NYBob]

Alamos Gold Announces Results of the Annual General Meeting of
Shareholders and Changes to its Board of Directors
All amounts are in United States dollars, unless otherwise stated.
TORONTO, May 08, 2018 (GLOBE NEWSWIRE) --

Alamos Gold Inc. (TSX:AGI) (NYSE:AGI) (“Alamos” or the “Company”)
is pleased to provide a summary of the voting results of its Annual
General Meeting of Shareholders (the “Meeting”).

The Company would also like to announce the retirement of Patrick Downey
from the Board of Directors, and the appointment of Elaine Ellingham.

“On behalf of the Board of Directors and management, I would like to thank Patrick Downey for his contributions and dedication over the years and wish him the very best in his future endeavours,” said John A. McCluskey, President and CEO. “I would also like to welcome Elaine Ellingham as a board member. Elaine brings over 30 years of experience within the mining industry including an in depth knowledge of the Island Gold mine as a past director of Richmont Mines.”

Ms. Ellingham is a mining executive and geologist. She is a consultant providing geological and corporate finance advisory services to international clients. Her experience includes eight years with the Toronto Stock Exchange and numerous roles in mineral exploration, corporate developme

https://web.tmxmoney.com/article.php?newsid=8511489416583768&qm_symbol=AGI


In GOD We Trust -





http://www.kitconet.com/images/live/au0001wb.gif

Bitcoin Trading Platform -

https://moneynetwork.usitech-int.com/

Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless

Previous | Next

[hitman558]

Let's hope not.

[blackcat]

At this point I'll vote for the circles!

[blackcat]

Thanks- will put it back on my screen.

[hitman558]

Just wanted to let you know that I bought back into TRQ. Will add on any dips. Should be ready for another run at $3.30.

[hitman558]

Are we starting a run or running in circles?

[hitman558]

Bought some more today. Not sure why. Will sit tight for awhile. This is so undervalued that it has to climb soon. I hope.

[blackcat]

My current basis is $5.50. That's from multiple buys and trades over time. I'm comfortable with that, but when it drops under- as now- I do look to add a bit.

[hitman558]

The one thing that I always remember about AGI is they sold all those shares at $6.99 in order to wipe out their debt. I don't think those buyers are looking to lose money. To me, $6.99 should be their base price.

[blackcat]

Thanks. I'm in the midst of a seriously chaotic work schedule for the next couple weeks with little time to do much more than see what's going on in early morning. AGI will be one stock I don't need to worry about. I may put in a low ball GTC in case it takes a dip when I'm not around.

[hitman558]

They expect YD back to year guidance numbers beginning this quarter. That means YD is going to have to average an additional 10,350 ounces (50,350) for the remaining 3 quarters. Just need gold to co-operate if that happens. Would like to see them do something with all that cash but that's just me thinking out loud. We should be fine going forward even if gold drops to the $1250 range which would surprise me. I have been buying AGI after selling EXK.

[NYBob]

Dow Futures Break Key Technical Support, Gold Jumps -

https://www.zerohedge.com/news/2018-05-03/dow-futures-break-key-technical-support-gold-jumps


Alamos Reports First Quarter 2018 Results
Record Quarter Drives Increase in Full Year Production Guidance

All amounts are in United States dollars, unless otherwise stated.

TORONTO, May 01, 2018 (GLOBE NEWSWIRE) --

Alamos Gold Inc. (TSX:AGI) (NYSE:AGI) (“Alamos” or the “Company”) today
reported its financial results for the first quarter ended March 31,
2018 and reviewed its operating, exploration and development
activities.

https://web.tmxmoney.com/article.php?newsid=4562442072831147&qm_symbol=AGI

“We delivered another record quarter of production and given the strong start to the year, we’ve increased full year production guidance to a range of 490,000 to 530,000 ounces. The increase was driven by stronger than expected performances from our Mulatos and Island Gold mines, the latter establishing a new record in its first full quarter as part of Alamos. Our financial performance continues to improve with strong free cash flow growth expected from our operations into the second half of the year reflecting higher production and lower costs,” said John A. McCluskey, President and Chief Executive Officer.

First Quarter 2018 Highlights

Produced a record 128,900 ounces of gold, above budget and 34% higher than the first quarter of 2017 driven by strong performances from Mulatos and Island Gold. This marks the fourth consecutive quarter of record production
Increased 2018 production guidance at both Mulatos and Island Gold, bringing Company-wide guidance to a range of 490,000 to 530,000 ounces of gold
Island Gold reported record quarterly gold production of 28,100 ounces, in its first full quarter as part of Alamos. Mine-site all-in sustaining costs1 of $633 per ounce were well below guidance and the operation generated $9.8 million in mine-site free cash flow1. As a result of this strong performance, production guidance at Island Gold has been increased to between 95,000 and 105,000 ounces for 2018
Sold 130,045 ounces of gold at an average realized price of $1,331 per ounce for record revenues of $173.1 million
Cost of sales of $1,113 per ounce, total cash costs1 of $789 per ounce and all-in sustaining costs ("AISC")1 of $935 per ounce were all down from the first quarter of 2017, with total cash costs and AISC decreasing 5% and 8%, respectively
Reported adjusted net earnings1 of $12.3 million or $0.03 per share1, reflecting adjustments for unrealized foreign exchange losses recorded within both deferred taxes and foreign exchange of $10.8 million, as well as other one-time items
Reported net earnings of $0.6 million, or $0.00 per share
Generated cash flow from operating activities of $58.8 million ($62.6 million or $0.16 per share, before changes in working capital1), reflecting record production, lower cash costs and stronger operating margins
Generated $24.3 million in mine-site free cash flow1, and $7.3 million of company-wide free-cash flow1 in the first quarter, both ahead of budget, reflecting a higher realized gold price and stronger production at Mulatos and Island Gold
Ended the quarter with no debt and $231.8 million in cash and cash equivalents, up from $200.8 million as of December 31, 2017
Liquidated the Company's equity positions in AuRico Metals and Corex Gold, generating proceeds of $24.9 million and realizing a gain of $14.3 million recorded directly in retained earnings (deficit)
Announced a semi-annual dividend of $0.01 per share, or $3.9 million, paid to shareholders on April 30, 2018
(1) Refer to the “Non-GAAP Measures and Additional GAAP Measures” disclosure at the end of this press release for a description and calculation of these measures.


Highlight Summary

https://web.tmxmoney.com/article.php?newsid=4562442072831147&qm_symbol=AGI


In GOD We Trust -





http://www.kitconet.com/images/live/au0001wb.gif

Bitcoin Trading Platform -

https://moneynetwork.usitech-int.com/

Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless

[blackcat]

Yes- they look good going forward. I might add a little. I do buy divi stocks- but AGI isn't one of them. The $.02 per year is always welcome, but if it disappeared, it wouldn't change my strategy as far as the stock goes.

[hitman558]

Looks like I was right. YD was a bit weak this quarter but they anticipate higher production going forward and have held their guidance of 200,000oz for the year. They did discuss a possible dividend increase but not near term.

[NYBob]

Alamos Reports First Quarter 2018 Results
Record Quarter Drives Increase in Full Year Production Guidance

All amounts are in United States dollars, unless otherwise stated.

TORONTO, May 01, 2018 (GLOBE NEWSWIRE) --

Alamos Gold Inc. (TSX:AGI) (NYSE:AGI) (“Alamos” or the “Company”) today
reported its financial results for the first quarter ended March 31,
2018 and reviewed its operating, exploration and development
activities.

https://web.tmxmoney.com/article.php?newsid=4562442072831147&qm_symbol=AGI

“We delivered another record quarter of production and given the strong start to the year, we’ve increased full year production guidance to a range of 490,000 to 530,000 ounces. The increase was driven by stronger than expected performances from our Mulatos and Island Gold mines, the latter establishing a new record in its first full quarter as part of Alamos. Our financial performance continues to improve with strong free cash flow growth expected from our operations into the second half of the year reflecting higher production and lower costs,” said John A. McCluskey, President and Chief Executive Officer.

First Quarter 2018 Highlights

Produced a record 128,900 ounces of gold, above budget and 34% higher than the first quarter of 2017 driven by strong performances from Mulatos and Island Gold. This marks the fourth consecutive quarter of record production
Increased 2018 production guidance at both Mulatos and Island Gold, bringing Company-wide guidance to a range of 490,000 to 530,000 ounces of gold
Island Gold reported record quarterly gold production of 28,100 ounces, in its first full quarter as part of Alamos. Mine-site all-in sustaining costs1 of $633 per ounce were well below guidance and the operation generated $9.8 million in mine-site free cash flow1. As a result of this strong performance, production guidance at Island Gold has been increased to between 95,000 and 105,000 ounces for 2018
Sold 130,045 ounces of gold at an average realized price of $1,331 per ounce for record revenues of $173.1 million
Cost of sales of $1,113 per ounce, total cash costs1 of $789 per ounce and all-in sustaining costs ("AISC")1 of $935 per ounce were all down from the first quarter of 2017, with total cash costs and AISC decreasing 5% and 8%, respectively
Reported adjusted net earnings1 of $12.3 million or $0.03 per share1, reflecting adjustments for unrealized foreign exchange losses recorded within both deferred taxes and foreign exchange of $10.8 million, as well as other one-time items
Reported net earnings of $0.6 million, or $0.00 per share
Generated cash flow from operating activities of $58.8 million ($62.6 million or $0.16 per share, before changes in working capital1), reflecting record production, lower cash costs and stronger operating margins
Generated $24.3 million in mine-site free cash flow1, and $7.3 million of company-wide free-cash flow1 in the first quarter, both ahead of budget, reflecting a higher realized gold price and stronger production at Mulatos and Island Gold
Ended the quarter with no debt and $231.8 million in cash and cash equivalents, up from $200.8 million as of December 31, 2017
Liquidated the Company's equity positions in AuRico Metals and Corex Gold, generating proceeds of $24.9 million and realizing a gain of $14.3 million recorded directly in retained earnings (deficit)
Announced a semi-annual dividend of $0.01 per share, or $3.9 million, paid to shareholders on April 30, 2018
(1) Refer to the “Non-GAAP Measures and Additional GAAP Measures” disclosure at the end of this press release for a description and calculation of these measures.


Highlight Summary

https://web.tmxmoney.com/article.php?newsid=4562442072831147&qm_symbol=AGI


In GOD We Trust -





http://www.kitconet.com/images/live/au0001wb.gif

Bitcoin Trading Platform -

https://moneynetwork.usitech-int.com/

Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless

[hitman558]

If you sign up for Seeking Alpha, they will post a transcript of the call.

[blackcat]

Yes, me too. Although I'm working tomorrow- I'm sure it will be archived.

[hitman558]

It seems to me like production numbers at YD are lower. I'll have more time this weekend to look things over. I bought some on Friday, Monday and today so I'm still holding. Looking forward to the CC tomorrow for more info and how the market perceives it.

[blackcat]

I am still ambling through the results. Just as an FYI- I seem to have a remarkable ability to buy gold miners that get themselves bought out. So- if you are thinking somewhere down the road AG will be purchased- I can almost guarantee it.

As far as the numbers at Y-D- are you referring to their costs and capex which are higher than the others?