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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 chopchopbcon Mar 19, 2018 1:44pm
168 Views
Post# 27740812

Overpaid?

Overpaid?

Hecla today announced a 59% premium to 30 day VWAP to purchase a Nevada producer.

Alio have paid a 35% premium on 30 day VWAP to purchase a Nevada producer.

Will really only know in 1-2 years who has overpaid, but think its a stretch to call Alio's premium overpaying.

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