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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 fb454on Jun 29, 2017 2:36pm
281 Views
Post# 26420756

A few thoughts.

A few thoughts.We all knew there would be selling today. It`s not inthe best interest of ALO management, Cormark or any other firm that gave Alo a positive review and price target to let the price stay at these levels. Any smart buyer is not going to pay up today. You can buy on your terms. Once we get through today we can concentrate on the future. 75 to 80 million in the bank. No debt. A.P. in production sooner rather than later. Plus, if I was looking for a gold mining company to buy; Alo is trading at a deep discount to fair market value. If you liked it yesterday, you have to like it more today. Best of success everyone. Pretty soon we`ll be saying, I should have bought some down $1.50!
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