Post by
frkcaro01 on Mar 19, 2018 12:31pm
great news
1) +
we do not lose value because alo is dirt cheap as rye so.. we don't lose future money
2) +
new ceo is much better than bill in communicating sot +
3) +
company has history of making money not rye
4)
no debt in 1 year and 50 milj in cash makes a third mine possible with not a lot of debt so we are going to 300k production this wil bring this stock to 5-6$
Comment by
7849362 on Mar 19, 2018 3:10pm
Yes both companies are dirt cheap. Alio is at 52 week low. It has a very good high grade project Ana Paula with very low $524 AISC. They bought it with existing mill equipment which reduces the capital cost. I'll vote yes to the merger just to avoid the termination fee of C$4.0 million.