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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 Snowhouseon Sep 12, 2018 7:31pm
107 Views
Post# 28608870

RE:RE:Big Boys are buying!!!

RE:RE:Big Boys are buying!!!I think so & hope so.

The big boys do not invest for 25-35% gain or do not get shaken out by 30-40% drop from their purchase price. They understand the value and most probably they invest for a longer term. At least more than 1 year period.

I agree, the big boys sometimes get wrong and make losses also. I am confident in investing in a Gold Mining company with SP less than 50% of it's future cash flow value, and PE < 4 (compare to much higher industry average PE). Every company goes through some short-term problems but long term is still intact. They have great assets vs liabilities. It is just a matter of time. 

Sasha.Nik wrote: Thank you and this is all nice to know, but have their positions grow or at least remained the same in the last month with news of AP being put on hold?

That's what I would like to know as an investor


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