OTCQX:RPMGD - Post by User
Comment by
7849362on Mar 22, 2018 9:05pm
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Post# 27766689
RE:RE:Alio Shares
RE:RE:Alio SharesA lot of that $50 mil cash was from selling shares. And they sold a property for less than they bought it at. If you are impressed with that then you should be impressed with RPM too lol
ALO share price was dropping long before it ever met RPM. ALO reverse split 10 for 1. They are not any stronger alone.
RPM should get a boost when they report their production numbers moving up. In the PDAC interview he said AISC was below the PEA (probably because strip ratio was lower than planned). With the price of gold much higher than PEA, there should be plenty of FCF coming soon.
2fast4uI wrote: The best part of the Merger is that Howlin BIll is gone.....................guessing hes gettin paid a pretty penny to take the dive as well.................all imho
Earlier this week I was buying RPM in the teens and ALio is the 40s.......................I dumped all my RPM in the high 20s and have bought even more ALO (in the 50s and 60s). DIscount on RPM shares right now is around 1.7%............and if deal does not go through it will crater (and ALO will pop)..................
I'm very comfortable with ALO now at these prices with or without RPM. They have $50M USD in the bank...........pretty impressive........
Rosegold wrote: Rye Patchers,
Are any of you buying Alio?
Does anyone know if Bill Howald will remain after the merger?
Rosegold