Alamos Gold: The Argonaut Gold Acquisition Will Boost Production And Deliver Substantial Synergies

Falcor Overview Alamos Gold (NYSE:AGI) is a North-American mid-size gold mining company, with producing assets in Canada and Mexico. A few weeks ago, the company announced a friendly acquisition of Argonaut Gold (OTCPK:ARNGF) to get the Magino mine, located right next to Alamos Gold's Island Gold mine. Argonaut's other higher-cost mines in the U.S. and Mexico will be spun out into a new company. Figure 1 - Source: Alamos Gold Presentation  If we assume the acquisition of Argonaut Gold goes through, Magi ...