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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 trykotfcon Sep 13, 2018 11:01pm
148 Views
Post# 28617786

RE:Why has alio's price is always getting pushed down?

RE:Why has alio's price is always getting pushed down?This stock has dropped ~90% before so don't be surprised. Do you own this stock or are you here because you want to play and buy this stock? I cannot explain to you why exactly the price is so low, it is up to the powers that be. But one piece of advice I can give to you is don't focus on fundamentals alone. You will just be like most of the people here commenting that the price is cheap, this is a value stock, it is below book value, analyst gave it a buy rating with x upside, price already hit the floor. I find it funny that some even go the distance calling IR, which I think they refer to as Investor Relation? Me I'm here to play this, it is on my watchlist.
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