Alio Gold Inc. T.ALO

Sell or Stay???

[gbenga]

I have been bruised and abused over the years by TMM/ALO and perhaps my own greed.  Now with 65% LOSS should I sell or keep getting beat down to 75%, 85%, to 100%?  SIGHHHH.  Coulda Woulda Shoulda!!!!

[BASTILLEDAY4U]

A few facts, last year Rye Patch Gold Corp comprehensive loss for the year $(10,957,410), total liabilities $ 48,557,470. Alio gold q1 2018 all-in-sustaining cost $ 1,262, total liabilities $ 40,136,000 u.s. Short of a miracle, I don't see how Alio can be ever be a profitable company for shareholders, it got worse today absorbing that other debt ridden dog.

[Goldhound3]

I’m down 60% so i might as well hold for now but if were still at this level by tax season then its time to sell

[BASTILLEDAY4U]

farmer logic should indicate therei s no reason for this to go up or even maintain share price value unless the product being mined goes up significantly. no one here has yet to give explain the value of doing this deal, I am now also skeptical of the voting process, supposed over whelming support and the price goes down for one reason, they want out.

[auburn2]

The acquisition is a good synergy that should be showing some accretion very soon. RPM was burdened by debt and lack of liquidity - no longer the case with the combined entity. Give management another 12 months. $5 is a reasonable target. However I all else being equal I always prefer oil stocks as they're a much easier business. Production brought on incrementally vs big mines that require

[BASTILLEDAY4U]

No longer the case because the debt was passed off on to Alio shareholders and those responsible rewarded via their own golden parachute contracts they apparently forgot to mention.

[auburn2]

ALO is very solvent with plenty of cash liquidity. What you're seeing is heavy shorting related to the transaction. At May 15 over 5% was short. ALO has a history of very low short interest as does RPM. I haven't gone over the details of the transaction but it would seem to be arbitrage. Trading liquidity of ALO is very good so the very small short position prior to this acquisition goes

[2fast4uI]

This post has been removed in accordance with Community Policy

[kkkrrr]

revaluation will come soon here ...  the stock is way too cheap here.... 2 operating mines with potential room for big improvements.. 2-3 developement projects including Ana Paula ....   maybe it will take some months ...from valuation-side the stock should trade at 4-5 CAD...