Alamos Gold Inc (AGI)

[NYBob]

Ira Epstein's Metals Video 11 21 2018
548 views Ira Epstein
Published on Nov 21, 2018

https://www.youtube.com/watch?v=iOzKmet-oKE

https://www.kitco.com/news/2018-11-21/Gold-Prices-Hit-Session-Highs-Following-4-4-Drop-In-U-S-Durable-Goods-Orders.html


Asia Gold: Weddings boost Indian demand; activity muted in other hubs
Rajendra Jadhav, Karen Rodrigues
3 MIN READ

MUMBAI/BENGALURU (Reuters) - Physical gold demand in India was robust
this week as consumers stepped up purchases during the traditional
wedding season after domestic rates slipped to a near six-week trough,
while gains in global prices weighed on bullion’s appeal in other Asian
hubs.

In Singapore, premiums eased to $0.50-$0.80 an ounce from $0.60-$0.90 previously.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144867546

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

Happy Thanksgiving To All
God Bless America

[hitman558]

I think I'm wrong. I think it's imminent. I need to get busy.

[hitman558]

I still think early/mid January we get a massive run in all metals. Looking at some M&A activity from now until then as majors and mid tiers look to bulk up production numbers.

[NYBob]

hitman558' on 'Alamos Gold (AGI) thank you, Gold is acting like it wants to move higher into year end.
By Ira Epstein
-- Published: Friday, 16 November 2018

http://news.goldseek.com/GoldSeek/1542402539.php

https://www.youtube.com/watch?time_continue=627&v=8eEz4GLzqiE


https://www.cnbc.com/2018/11/06/ex-jp-morgan-trader-pleads-guilty-to-man...

http://www.gata.org/node/18596


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

God Bless America

[hitman558]

Remember when press releases like this jumped a miner 8-10%?

[NYBob]

Alamos Gold Reports Best Intersection from Surface Directional Drilling
Program Further Extending High-Grade Mineralization at
Island Gold Mine
TORONTO, Nov. 05, 2018 (GLOBE NEWSWIRE) --

Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today
reported new results from surface and underground exploration drilling at
the Island Gold Mine from the second half of 2018. Ongoing drilling
continues to extend high-grade gold mineralization along-strike and down-
plunge from existing Mineral Reserves and Resources across all three main
areas of focus:
the Main Extension, the Eastern Extension, and the Western Extension.
All reported drill widths are true width of the mineralized zones, unless
otherwise stated.

https://web.tmxmoney.com/article.php?newsid=4567032515979799&qm_symbol=AGI

God Bless America

[BAA_Up]

Thanks for posting this

[BAA_Up]

remember?

BAA_Up Wednesday, 08/01/18 04:37:29 PM
Re: BAA_Up post# 1427 0
Post #
1428
of 1450
I do not buy that over 5 USD
I bought now with 3,60 may be I get it cheaper like all the others

[hitman558]

Just a matter of time. I think we're 2 months away. Early January is my call.

Thanks!

[NYBob]

Gold Market Update By: Clive Maund
Published: Monday, 5 November 2018 | Print | Comment - New!

The Precious Metals sector continues to be viewed with disdain and
skepticism by the vast majority of investors, which is exactly what you
want and expect to see at the earliest stages of a major bullmarket.
However, the charts continue to shape up well, as we will now see.

http://news.goldseek.com/CliveMaund/1541423160.php

China, Russia and India All Prepare To DUMP the DOLLAR in Global Trade!
41,462 views The Money GPS
Published on Oct 31, 2018

https://www.youtube.com/watch?v=WPcL8t5B6vA

PRECIOUS-Gold gains on weaker dollar; U.S. election in focus
3 MIN READ
BENGALURU, Nov 7 (Reuters) -

Gold prices rose on Wednesday amid a weaker dollar, with investors waiting
for the outcome of U.S. midterm elections that could see Republicans lose
their grip on Congress.

https://www.reuters.com/article/global-precious/precious-gold-gains-on-weaker-dollar-u-s-election-in-focus-idUSL4N1XI05V?rpc=401&;

----

Ex-Morgan trader pleads guilty to rigging monetary metals, implicates
supervisors at bank
Submitted by cpowell on Tue, 2018-11-06 22:09. Section: Documentation

How did that "exhaustive" investigation of the silver market by the U.S.
Commodities Futures Trading Commission miss this? How will the World
Gold Council and most monetary metals mining companies continue to miss
it?
How many more anti-trust lawsuits will this prompt?
Anybody seen Blythe Masters lately?

* * *

Former JP Morgan Trader Pleads Guilty to Manipulating U.S. Metals
Markets for Years

By Hugh Son and Dan Mangan
CNBC, New York
Tuesday, November 5, 2018

An ex-J.P. Morgan Chase trader has admitted to manipulating the U.S.
markets of an array of precious metals for about seven years -- and he
has implicated his supervisors at the bank.

John Edmonds, 36, pleaded guilty to one count of commodities fraud and
one count each of conspiracy to commit wire fraud, price manipulation,
and spoofing, according to a release today from the U.S. Department of
Justice:

https://www.justice.gov/opa/pr/former-precious-metals-trader-pleads-guil...

Edmonds spent 13 years at New York-based J.P. Morgan until leaving last
year, according to his LinkedIn account.

As part of his plea, Edmonds said that from 2009 through 2015 he
conspired with other J.P. Morgan traders to manipulate the prices of
gold, silver, platinum, and palladium futures contracts on exchanges
run by the CME Group.
He and others routinely placed orders that were quickly canceled before
the trades were executed, a price-distorting practice known as
spoofing.

"For years John Edmonds engaged in a sophisticated scheme to manipulate
the market for precious metals futures contracts for his own gain by
placing orders that were never intended to be executed," Assistant
Attorney General Brian Benczkowski said in the release.

Of note for J.P. Morgan, the world's biggest investment bank by revenue:
Edmonds, a relatively junior employee with the title of vice president,
said that he learned this practice from more senior traders and that
his supervisors at the firm knew of his actions.

Edmonds pleaded guilty under a charging document known as an
"information."
Prosecutors routinely use them to charge defendants who have agreed to
cooperate with an ongoing investigation of other people or entities. ...

... For the remainder of the report:

https://www.cnbc.com/2018/11/06/ex-jp-morgan-trader-pleads-guilty-to-man...

http://www.gata.org/node/18596


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

- God Bless

[hitman558]

Is it just me or is Young-Davidson extremely disappointing this year?

[NYBob]

Central Banks Are Piling Into Gold
Oct. 7, 2018 4:30 PM ET|14 comments |
About: SPDR Gold Trust ETF (GLD),


https://seekingalpha.com/article/4210296-central-banks-piling-gold

God Bless

[hitman558]

Thanks for the article. Just not sure this short attack is done.

[NYBob]

Poland And Australia Buys Gold As Global Property Bubble Bursts – This Week’s Golden Nuggets
By Mark O'Byrne
October 5, 2018

https://www.gold-eagle.com/article/poland-and-australia-buys-gold-global-property-bubble-bursts-%E2%80%93-week%E2%80%99s-golden-nuggets

God Bless

[hitman558]

Barrick and Randgold to merge.

[hitman558]

Thanks for the update but I told some dildo on the GPL board that I would never comment on anything again. Keep of the good work. I know a lot appreciate your efforts.

[NYBob]

ALAMOS GOLD SEES SIGNIFICANT INCREASE IN MINERAL RESERVES AND
RESOURCES AT ISLAND GOLD
09/05/2018

Download this Press Release (PDF 6.63 MB)

TORONTO, Sept. 05, 2018 (GLOBE NEWSWIRE) -

- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today
reported an updated National Instrument 43-101 compliant Mineral Reserve
and Resource estimate for its Island Gold Mine as of June 30, 2018.
This incorporates exploration drilling completed during the first half of
2018, the majority of which was released in the May 24, 2018
exploration update.
A summary of updated Mineral Reserves and Resources by category as at
June 30, 2018 compared to December 31, 2017
is outlined in the table below.

https://www.alamosgold.com/news-and-media/news-releases/news-releases-details/2018/Alamos-Gold-Sees-Significant-Increase-in-Mineral-Reserves-and-Resources-at-Island-Gold/default.aspx

Will soon go flying great buy >




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

God Bless

[NYBob]

Will soon go flying great buy >




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

God Bless

[jmat1]

"4.32?"

Nope, $4.15.

I'll add at $4.

[NYBob]

Alamos Gold Inc. Cla (AGI)
4.32 ? 0.03 (0.70%)
Volume: 1,216,954 @ 6:57:00 PM EDT ET
Bid Ask Day's Range
- - 4.2 - 4.38
AGI Detailed Quote

[BAA_Up]

Many mines on new year low.
Agi is not missing much.


It's already done, the new year's low

[BAA_Up]

agree. Agi is in good company.
Many mines on new year low.
Agi is not missing much. Also a delayed reaction to the balance report ?? Maybe it could go up a bit today. I'm still waiting with the purchase. It broke through the 3 year support line

[hitman558]

Greatly oversold. But so are a bunch of other miners. Looks like the MMs are accumulating shares.

[BAA_Up]

there you have done well

[BAA_Up]

It was not a specific piece of advice. Still good.
Currently the situation is very opaque.
I'm only saying my opinion.
And I always honestly say what I do. And always up to date and not after an event.

[hitman558]

Just opinions here. I don't give advise because the PM sector is very unpredictable.

[BAA_Up]

was a very good advice

[BAA_Up]

Bad report for me. Sold more gold than produced.
With investments in Turkey and a bad gold price, the 3rd Q will not look rosy. I expect a significant decline.
Growth to 600 T oz is expected from Turkey. This will take until mid-2020 to start.

Growth is not everything if you can not reduce costs quickly. If you look at the result.

[hitman558]

Not sure how they manage to lose .02 a share. Young-Davidson disappointed again. Cash flow was .14 a share. Will try and read more this weekend but may have to re-evaluate my position here.

[hitman558]

Earnings out. Will read and comment soon.

[BAA_Up]

I do not buy that over 5 USD

[BAA_Up]

That takes exactly 2 years for initial production.
And consumes 142 million. 10 million were made in the first half of the year. If the costs are sufficient.
Turkey is not a good geopolitical place for me.
This can take longer

[BAA_Up]

Yes you are right. But AUY has the rough investment time behind her. AGI will consume the existing cash soon.

If gold does not go very far, I have chosen the right time. Fortunately. I had to get out of Goro. that was too good. Has already begun to lose.
And they start right now an investing. Happy timing. Have all profits now in Auy. If gold falls sharply and Auy with, then I also buy with registered capital.

I'm in the plus. I last bought with 2.71. Stay long.
Long term I see good chances now.

I keep an eye on AGI. With significant decline, I buy.

[hitman558]

Can you give me a bit of insight on what is happening at Kootenay? I see they're just above .11 and I know they were at .35 awhile ago. Are they worth an investment?

[hitman558]

I'm lowering my gold production estimate and revenue estimate based on a feeling that Island Gold won't duplicate 1st quarter numbers. I still expect a solid quarter with about 132,350 ounces produced and revenue of $173,775,550. Looking for an EPS somewhere between a low of .04 and high of .06. Those numbers should easily beat the estimates of .03 eps and revenue of $165,000,000. Just an opinion.

[hitman558]

I'm going to update my AGI earnings expectations sometime this weekend. I know I need to probably half my EPS prediction from early. They should have a great quarter.

[hitman558]

I thought about flipping AUY and buying more AGI but I'm really impressed with what Yamana is doing so I'm going to hold. And, for me to say AUY is impressive, is almost unheard of. Both companies seem to have a great near future.

[saturn_five]

Agree that AGI is undervalued. I'm not great at the short-term flipping game ... AGI and Yamana are long/strong holdings for me.
Thanks for the Brazil link over at AU*
Au @ $1225, Ag @ $15.53

[BAA_Up]

Thanks hitman
good day for Auy Iam happy good luck

[hitman558]

Great news today but Alamos is still way undervalued. Much better company than Gold Corp.

[saturn_five]

Good news for AGI !$ Adding more low-cost gold production to AGI's diversified portfolio is especially important ... as gold price has declined from ~ $ 1300 to $1220 in 2018.
(~ $1232/oz today)
Also, 2 years to production in Turkey is a (relatively) short ramp-up.
$$ glta

[NYBob]

ALAMOS GOLD RECEIVES GSM PERMIT FOR KIRAZLI PROJECT
07/25/2018
Download this Press Release (PDF 239 KB)
TORONTO, July 25, 2018 (GLOBE NEWSWIRE) --

Alamos Gold Inc. (TSX:AGI) (NYSE:AGI) (“Alamos” or the “Company”) today
reported it has been granted the GSM (Business Opening and Operation)
permit required for the development of its Kirazli project, by the
Çanakkale Governorship in Turkey.

https://www.alamosgold.com/news-and-media/news-releases/news-releases-details/2018/Alamos-Gold-Receives-GSM-Permit-for-Kirazl-Project/default.aspx

“We are very pleased to have achieved this key milestone. With the Environmental Impact Study and Forestry Permits having been previously approved, we have all the required permits to ramp up full scale construction activities. As one of the lowest-cost and highest return gold projects in the world, Kirazli will be a significant driver of free cash flow growth with initial production expected in 2020,” said John A. McCluskey, President and Chief Executive Officer.

As outlined in the 2017 feasibility study, Kirazli has a 44% after-tax internal rate of return and is expected to produce over 100,000 ounces of gold during its first full year of production at mine-site all-in sustaining costs of less than $400 per ounce. This is expected to bring consolidated production to over 600,000 ounces per year, while significantly lowering the Company’s cost profile.

The Company will be mobilizing for full scale construction activities over the next two months. The initial capital estimate for Kirazli is $152 million of which $50 to $60 million is expected to be spent in 2018, inclusive of $10 million spent through the first half of 2018. The bulk of the remaining initial capital will be spent in 2019 and the first half of 2020. Based on the current timelines, the Company expects initial production from Kirazli in the second half of 2020.

https://www.alamosgold.com/news-and-media/news-releases/news-releases-details/2018/Alamos-Gold-Receives-GSM-Permit-for-Kirazl-Project/default.aspx




God Bless

[blackcat]

Alamos Gold (AGI +7.1%) shoots higher on news it received a GSM permit required for the development of its Kirazli project in Turkey.

AGI says it has been granted all permits required to ramp up full scale construction activities at Kirazli, with initial production expected in 2020.

AGI says a 2017 feasibility study forecast Kirazli would result in a 44% after-tax internal rate of return and produce 100K-plus oz. of gold during its first full year of production at all-in sustaining costs of less than $400/oz.

The company expects consolidated production at Kirazli to exceed 600K oz./year while significantly lowering its cost profile.

AGI's initial capital estimate for Kirazli is $152M, with $50M-$60M expected to be spent in 2018.

[stockyupydowny]

with news halt - say its solid news - what can we expect in pps jump?

[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