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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 Saaritradeon Jul 06, 2017 3:44pm
150 Views
Post# 26441541

RE:RE:good thing I sold this junk at 7 bucks

RE:RE:good thing I sold this junk at 7 bucksI wouldn't necessarily call it junk, gold and silver miners in general got hammered in the past week, I figured ALIO was going to dilute so I sold all my shares day before the consolidation, alio got one producing asset so this whole consolidation was done for one reason, to pull some money from the high share price.
this really sucks for the long term share holders and if sentiment towards precious metals stays like this Alio could drop a lot more,in this kind of environment is no longer about foudamentals it's all about sentiment , it takes a strong stomach to ride this one out.
good luck to y'all 
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