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Monday, July 25, 2016 11:39:17 AM
AGI Charts Alamos Gold Inc (USA) (AGI)
Sometimes the juniors don't need the major gold miners. They can do it all by themselves. Case in point Alamos Gold, Inc.
Last year, AGI took-out mid-tier rival AuRico.
That gave Alamos control of AuRico's top-notch Young-Davidson mine. This mine features low costs and a long reserve life . These facts have quickly moved Young-Davidson into the pole-position in AGI's asset portfolio of three North American mines. A portfolio of mines that produces around 370,000 to 400,000 ounces of gold per year. The key is that Alamos has relatively low cash costs and features strong operating cash flows.
That's helped it keep a strong balance sheet.
Ultimately, that strong balance sheet will allow the help the junior gold miner to reinvest in its rich portfolio of development projects/mines or hunt for other small rivals to merge with or buy-out. Rising gold prices will only help AGI on all of these fronts.
Read more: http://investorplace.com/2016/07/7-junior-gold-miners-will-climb/#ixzz4F8eJV4YO
Note 1: Please alert the board of any stock crossing the 20,50,20dma’s on daily or weekly chart.
(link back for more charts)
Just replace the ticker with your TICKER
http://stockcharts.com/h-sc/ui?s=AGI&p=D&yr=0&mn=3&dy=0&id=p11960084343
Sometimes the juniors don't need the major gold miners. They can do it all by themselves. Case in point Alamos Gold, Inc.
Last year, AGI took-out mid-tier rival AuRico.
That gave Alamos control of AuRico's top-notch Young-Davidson mine. This mine features low costs and a long reserve life . These facts have quickly moved Young-Davidson into the pole-position in AGI's asset portfolio of three North American mines. A portfolio of mines that produces around 370,000 to 400,000 ounces of gold per year. The key is that Alamos has relatively low cash costs and features strong operating cash flows.
That's helped it keep a strong balance sheet.
Ultimately, that strong balance sheet will allow the help the junior gold miner to reinvest in its rich portfolio of development projects/mines or hunt for other small rivals to merge with or buy-out. Rising gold prices will only help AGI on all of these fronts.
Read more: http://investorplace.com/2016/07/7-junior-gold-miners-will-climb/#ixzz4F8eJV4YO
Note 1: Please alert the board of any stock crossing the 20,50,20dma’s on daily or weekly chart.
(link back for more charts)
Just replace the ticker with your TICKER
http://stockcharts.com/h-sc/ui?s=AGI&p=D&yr=0&mn=3&dy=0&id=p11960084343
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