Stock Pickers Digest, in its August, 2015, issue, says hold Alamos Gold Inc., recently $4.36. The newsletter has not previously recommended the stock. Alamos Gold is the company formed by the merger of Alamos Gold and AuRico Gold (which was previously recommended by Stock Pickers). The combined entity owns the Mulatos mine in Mexico and the Young-Davidson project in Northern Ontario. Young-Davidson started up in 2013 and will reach full production in 2016. Meanwhile, its transition from open-pit mining to underground mining will sharply increase its costs. Alamos Gold holds $358-million in cash, which it will use to finance the Young-Davidson mine. The company hopes to boost its gold output from 400,000 ounces this year to 700,000 ounces in 2018. The newsletter says the outlook of the merged firm is positive, but like most gold producers, Alamos Gold's shares will be heavily influenced by the future direction of gold prices. The stock is a hold for now.