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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 by User

Alio Gold Inc. > Shares up for sale just keep
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Comment by Weebleon Dec 01, 2017 8:40pm
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Post# 27076332

RE:RE:RE:RE:RE:RE:RE:RE:Shares up for sale just keep

RE:RE:RE:RE:RE:RE:RE:RE:Shares up for sale just keepThey raised 20 million CDN last November and 50 million CDN in July.  Both were bought deals at much higher prices. 

I remember people complaining that they raised too much at the time   But if the producing San Francisco mine puts out as they hope, then they should be able to combing the free cash flow from it with some debt financing and not issue any new shares or dilute any more.  

For some reason this upsets some people :). 
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