The Terrible T's
New to this story, and see great potential here. We seem to have a perfect storm buying opportunity with a
Temporary production shortfall upcoming at San Fran.
Tax loss selling season and
Torex tragedy next door.
At US $2.87 per share, Alio has a market cap of $128.3 million. Cash is about $65 mm after reducing the NSR to 2% from 3%. At current prices, the market is valuing the company at $85.50 per oz., using 1.5 million oz reserves, 1 mm oz at Ana Paula open pit and 5 more years of San Fran at 100,000 oz/yr.
You will observe that 1.5 mm oz. gives zero credit for the underground potential at Ana Paula.
If I were an executive at Leagold, my pencil would already be sharpened.