Q: Good morning team.
As a former shareholder of Argonaut gold I became a holder of FCGV as a spin -out from Alamos gold acquisition of AR.What are your thoughts on me selling FCGV to acquire more shares of Alamos? Do you see ACGV as more of a "speculative" story?
Many thanks ,
Jean
As a former shareholder of Argonaut gold I became a holder of FCGV as a spin -out from Alamos gold acquisition of AR.What are your thoughts on me selling FCGV to acquire more shares of Alamos? Do you see ACGV as more of a "speculative" story?
Many thanks ,
Jean
5i Research Answer:
Given the longer trading history and history of financials for Alamos, we would be more comfortable with holding shares in Alamos gold. FCGV looks interesting for its concentration of mines in the US and Mexico, and we like that Alamos sold off these assets to focus on its core regions, but we would consider FCGV to be higher risk and uncertain than Alamos from here.