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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 MisterBon Sep 29, 2017 6:10pm
95 Views
Post# 26761130

RE:RE:RE:Webcast

RE:RE:RE:Webcast I think what has been lost in the conversation over the last few months is the fact that 1m warrants with a very attractive strike price are due in October.  Against a backdrop of thin trading in August and consistent but low volumes over the past few months, these warrants are being exercised.  Fingers are always pointed at the recent financing and poor choice of institutions chosen to execute it, etc., but omit the impact of warrants. I am not dismissing the recent financing, but I do feel there are multiple factors at play - some inherited, some new.

In my view, come November, there will be less selling pressure and trading will be more impactful.  For me, I don't really care too much about this September or the Q starting Oct 1, I am more mindful of next year at this time.

B
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