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Bullboard - Stock Discussion Forum Alio Gold Inc. T.ALO

Metals & Mining Industrial Metals & Minerals
"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 Discussion

Alio Gold Inc. > Can't meet production guidance and having issues with grade
View:
Post by oilsyd on Aug 10, 2018 10:14am

Can't meet production guidance and having issues with grade

Face the music. This is awful news. I wish I had never invested in this company. For the moment I am holding my shares for the same reasons I outlined a few months ago. This could be a good turnaround story if they sort these issues out. The AISC of over 1300 dolllars is too high and either they have to cut costs or hope for an improvement in gold prices.
Cheers, Oilsyd
Comment by 2fast4uI on Aug 10, 2018 10:28am
This post has been removed in accordance with Community Policy
Comment by templetooth2 on Aug 10, 2018 10:46am
Gotta wonder what the share price might be in the cold dark days of November/December when tax loss selling is in full swing.
Alio Gold Inc.
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