Alamos Gold $AGI misses EPS & AISC; it is a loved holding by the momentum investors in this sector. They clearly guided to higher costs from Argonaut merger in Q2 conference call; so this quarters higher costs should not have been a surprise to anyone who listened to Q2 conference call. Full disclosure, we do not own the stock; but at the right price, we will evaluate whether to buy the dip (if there is one). Buying dips in bull markets tends to be intelligent advice. Argonaut merger will be a home run; but mergers and acquisitions take time to pay off.  Not investment advice; do your own due diligence. Past performance does not guarantee future results.
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