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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

Comment by BASTILLEDAY4Uon May 22, 2018 10:47pm
134 Views
Post# 28067292

RE:Sell or Stay???

RE:Sell or Stay???A few facts, last year Rye Patch Gold Corp comprehensive loss for the year $(10,957,410), total liabilities $ 48,557,470. Alio gold q1 2018 all-in-sustaining cost $ 1,262, total liabilities $ 40,136,000 u.s. Short of a miracle, I don't see how Alio can be ever be a profitable company for shareholders, it got worse today absorbing that other debt ridden dog.
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