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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 Bayfoxon May 07, 2020 6:30pm
428 Views
Post# 31000477

RE:RE:RE:RE:RE:RE:Why is Alio under valued?

RE:RE:RE:RE:RE:RE:Why is Alio under valued?Hi Bobofet, what is being talked about is, if you buy 10,000 shares of ALO at 1.15 ($11,500) it should be converted into 6700 shares of AR at 1.79 ($11,993) so instead of going long on AT, buy ALO as it is the same thing, except you get an additional percentage. When I did this last week, i got a 5% boost in my AR shares when the merger takes place. I like making money, any way I can.
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