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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 by User

Comment by fb454on Jun 28, 2017 7:19pm
308 Views
Post# 26416663

RE:I Should Have Known

RE:I Should Have KnownThis is not a negative. They further took the risk of bringing A.P. into production off the table. These 2 firms bought the stock and have the option to buy4 million more shares at $8.00 CDN.  They wouldn`t of taken this deal if they thought it was a money loser. They probably could have raised more than that amount. All these bfirms that have upgraded ALO within the past 6 weeks knew that at some point a bought deal would be done. This is not a debt deal. Best of success everyone.
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