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Alio Gold Inc. T.ALO

"Alio Gold Inc is a gold mining company. It is engaged in exploration, development and production in Mexico. Its projects include San Francisco mine in Sonora, Mexico and the development stage Ana Paula project in Guerrero, Mexico."


TSX:ALO - Post by User

Comment by thedave2006on May 17, 2017 2:23pm
80 Views
Post# 26255949

RE:RE:RE:RE:RE:RE:RE:RE:RE:New board

RE:RE:RE:RE:RE:RE:RE:RE:RE:New boardbefore the reverse split.

say you had 1000 TMM @ 0.65 or 1000 warrants @ 0.13 of which equals $650 and $130 respectively.

after the 1 for 10 reverse split shouldnt you have 100 ALO at $6.50 or 100 warrants @ $1.30 of which equals $130 before any market trading begins....if values dont change and you either lose nothing or gain anything before marketplace can go up or down or stay the same.

the shares did trade at $6.50 therefore you are none for wear. but, the warrants never traded at $1.30 therefore you are actually losing 90% of your money before market forces act.

cheers,
dave.
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