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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 LAMresearchon Jun 03, 2019 12:59pm
324 Views
Post# 29794376

RE:RE:TD Securities Research Report - ALO - May 2019

RE:RE:TD Securities Research Report - ALO - May 2019My pleasure! Nice to see some traction in the last couple of days for ALO, but this is just a drop in the bucket compared to what the assets should be worth from a fundamental vaulation perspective. The key with these smaller securities is to do your due dilligence on what is causing the disconnect in actual stock price vs. theoretical price, then have some patience when you find the undervaluation. Ultimately, the market will reflect much closer to true value over time. In the case of ALO, it tends to correct quite quickly within a certain range (up to ~$1.30), and once we can break through that on some positive momentum, I like our odds of hitting $2.00, even if it's as a takeover target.
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