Minera Alamos greenlights Copperstone gold mine in Arizona
- •of gold annually for a six-year mine life isn't massive, but it's consistent cash flow, and that's something I'm always looking for.
- •My dad always told me to have some gold in the mix, and it seems like a wise move right now.
- •What are your thoughts on this?
Hey everyone,
Just read this article about Minera Alamos greenlighting the Copperstone gold mine in Arizona: https://www.mining.com/minera-alamos-greenlights-copperstone-gold-mine-in-arizona/
Honestly, this one caught my eye because I've been keeping a closer watch on junior miners lately, especially with the inflation numbers we've been seeing. 46,000 oz. of gold annually for a six-year mine life isn't massive, but it's consistent cash flow, and that's something I'm always looking for. Diversifying my portfolio away from just tech has been a big focus for me as I get closer to thinking seriously about retirement, and gold streamers or producers in stable jurisdictions like Arizona are definitely on my radar. My dad always told me to have some gold in the mix, and it seems like a wise move right now.
What are your thoughts on this? Does anyone here have experience with Minera Alamos or similar junior gold producers? I'm curious if you see this as a solid, albeit smaller, play in the current market, or if the mine life is a bit too short for your typical investment horizon. Always good to hear what the community thinks!