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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. > Technically
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Post by auburn2 on Sep 13, 2018 1:44pm

Technically

RPM was at risk of chapter 11, wasn't it? The fact ALO stepped in and bought it without letting the bankers call the debt suggests there were multiple parties interested. Look at Goldcorp and OGC buying shares of GSV at premium prices and compare what GSV has to what RPM had. These Nevada assets fetch a premium and are wanted by just about everyone.
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