Minera Alamos – 2 Low CapEx Projects Close To Production In Mexico
Minera Alamos (TSXV:MAI, OTCQB:MAIFF) is a Company that has been brought up on the site by a couple of our resource focused commentators. I had the chance to chat with the President, Doug Ramshaw to get a full rundown on the two 100% controlled projects in Mexico – the Santana Project and the La Fortuna Project.
The overall strategy, as Doug outlines, is to get these projects into production within the next couple years and use the cash flow to fund future exploration. Both of these projects have very low CapEx and are fairly straight forward heap leach projects. listen in for the full details.
Please email me with any questions you have for Doug or I regarding Minera Alamos – Fleck@kereport.com.
Click here to visit the Company’s website and the full corporate presentation.
Cory – Great interview with Doug. I’ve been following their company the last few years since Osisko partnered with them, and am a happy shareholder, with a nice position that is already in the money.
Minera Alamos is positioned nicely to be hitting their stride right as the Gold market is starting to get some price support. I like that they’ll be moving from development into production over the next year (and as Gold rises their economics will only improve) and then using the organic revenue from Santana to help fuel development of La Fortuna. I was happy to see them get the permit for land use on Santana recently.
Minera Alamos (MAI) (MAIFF) is a solid Mexican Developer that I’m happy to have in my portfolio and watch it grow in value and market cap over time. Cheers!