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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum Leagold Mining Corp LMCNF

Metals & Mining Industrial Metals & Minerals
Leagold Mining Corp is an exploration stage company. It is engaged in the acquisition of gold mining operations and advanced-stage development projects with a focus on Latin America. It has four operating mines namely, Los Filos Mine; RDM Mine; Fazenda Mine; and Pilar Mine. The firm operates in two geographic locations: Mexico and Brazil.

OTCQX:LMCNF - Post Discussion

Leagold Mining Corp > Should acquire Alio ALO next!
View:
Post by ValuePumpKing on Aug 16, 2018 1:20pm

Should acquire Alio ALO next!

Company is a steal at these prices, get the Ana Paula assets for free!
Comment by templetooth2 on Aug 16, 2018 10:08pm
No, any acquisition cost would be for Ana Paula. It might be a bit too early to say they are total write-offs, but the Rye Patch junk and San Francisco are problematic at best. Alio has a VERY difficult next 6 months ahead of it. IF IF IF gold goes to 1100 or 1050 it could be lights out. It makes far more sense for Leagold to wait for the implosion, and pick up Ana Paula in bankruptcy court.... We ...more  
Comment by auburn2 on Sep 20, 2018 12:10pm
This post is not grounded in reality. ALO has more than 100,000 ounces hedged at 1277 gold, therefore it makes little difference if go goes down as you say. Moreover they have over $110 million in USD of current assets. The heap leaching at Florida Canyon has been fully audited. They have very little debt. The share price over recent history mirrors others like CDM and LMC and isn't company ...more  
Leagold Mining Corp