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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 templetoothon Dec 02, 2017 12:05am
95 Views
Post# 27076807

RE:Hey Temple they are looking for $90 MORE MILLION

RE:Hey Temple they are looking for $90 MORE MILLION
Everyone is well aware of the company's stated intention to raise $90-$100 million US of debt financing. The company has said they are evaluating something like 12 different proposals.

I would expect the company to act on long term financing within the next few months. My comment about $20 million is in the context of a potential FURTHER cash requirement. If San Fran performs at any reasonable rate, further funds should not be required. Clear?

By the way, is there an "ignore" function on Stockhouse??
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