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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

Post by frankmanon Nov 11, 2017 12:37am
163 Views
Post# 26944301

Financing will be far below current trading levels

Financing will be far below current trading levelsI under estimated the financing level drops. Will be far below current trading levels. Financing could still take months as far as March 2018. I’m thinking now at least another .50-70 cent per share stock loss before the next mega financing is announced. Tax losses are becoming enormous here with stop loss levels triggered.
 
It will be an ugly financing for current share holders.
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