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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 auburn2on Aug 10, 2018 2:10pm
119 Views
Post# 28441951

Florida Canyon

Florida Canyon
Besides going after the hgihest grade portion once they get those towers out of the way by the end of 2018, what's the plan to get costs down? Greg looks horrible right now so eagerly going after RPM with nothing positive to show for it. He also speaks of there being no access to capital right now as though he would want to raise more money if he could. At least the balance sheet looks strong else I couldn't blame you for wanting to sell and move on. But at this EV it's just too cheap. Can they right the ship at Florida Canyon? SF doesn't concern me. It looks fine. Florida Canyon pisses me off because it's not like Greg had a gun to his head forcing him to make that acquisition. He already had Ana Paula. Sometimes these executives like to be too busy I think. Instead of just sitting on AP until a better market and conservatively mining SF, they wanted to do more and more and more.
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