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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 Fullplateon Oct 16, 2018 6:30pm
131 Views
Post# 28814108

RE:RE:I think 19,00 Mio USD is to cheap for the Nevada Projects

RE:RE:I think 19,00 Mio USD is to cheap for the Nevada ProjectsThe Florida Canyon heap leach definitely has very high value beyond the Florida Canyon mine life.  There is plenty of low-grade ore in the neighborhood, and together with higher gold prices, it will be profitable to operate and probably expand. ALO will either sell Florida Canyon in a couple of years, or the whole company will be acquired by an entity which will continue to operate the heap leach. 
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