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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. > Why has alio's price is always getting pushed down?
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Post by centauros on Sep 13, 2018 3:25pm

Why has alio's price is always getting pushed down?

When I look at the fundamental of this company, I don't see any reason that it would be valued like a company that is going to go bankrupt soon.  Can anyone explain to me why exactly the price is so low, and what it would take for the price to come back up?  Im not getting a clear picture of what the previous management did wrong and what the current one is lacking.
Comment by trykotfc on Sep 13, 2018 11:01pm
This stock has dropped ~90% before so don't be surprised. Do you own this stock or are you here because you want to play and buy this stock? I cannot explain to you why exactly the price is so low, it is up to the powers that be. But one piece of advice I can give to you is don't focus on fundamentals alone. You will just be like most of the people here commenting that the price is cheap ...more  
Comment by Sasha.Nik on Sep 14, 2018 1:07am
I've been watching this one too since $3 and change and pulled the trigger today. I feel like anything to come from the management is going to be intrepreted as positive as long as there is something. Even if they announce additional equity raise or debt issurance, I think that will lift the stock price.  we'll see...
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