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Bullboard - Stock Discussion Forum 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 Discussion

Alio Gold Inc. > Bankruptcy or Chapter11????
View:
Post by Moppel on Sep 05, 2018 3:38pm

Bankruptcy or Chapter11????

We are not far from Chapter11. 50 Mio. USD is nothing for a gold stock.
Comment by auburn2 on Sep 05, 2018 9:47pm
So you're saying it's way too cheap? AISC at FC must be above $1500 now(?), but I don't see bankruptcy in the cards.
Comment by ernestokg on Sep 06, 2018 4:50pm
Alios probem is,that there is no plan  to bring down the horriblle high AISC Bankruptcy  is only a matter of time, or does anybody  beliefe that the management will be able to deliver a plan to bring down production costs ? They propably only expect   that a higher POG will solve the problem, how stupid are these guys ?
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