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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

Post by MisterBon Jun 14, 2017 8:45am
118 Views
Post# 26360240

Would be nice...

Would be nice...... if we could break the 52 week high today or this week. Accumulation is occuring and momentum is clearly on our side (for now).  It will be interesting to see the net positions changes at Q end for various financial institutions.

I also wonder how TMM wll do with production numbers.  They forecasted low (22k, I believe), but somehow, I think they are setting the markets up for another "production beat'.

All in all, I believe this company should be valued around $400M Market Cap (looking at comparables like AG), and will hold until it is attained.

Happy watching.

B
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