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Bullboard - Stock Discussion Forum 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 Discussion

Alio Gold Inc. > Gold up another 10 bucks
View:
Post by Goldhound3 on Jun 02, 2017 10:32am

Gold up another 10 bucks

sitting at $1275 but ALO is red...Whats going on here is the stock fully valued no matter how high gold goes
Comment by pdcon1 on Jun 02, 2017 11:32am
Comment by bobofet on Jun 02, 2017 1:02pm
Now thats a good question   are we fully valued where we sit right now,,,for what we have right now,,, for what we are pulling out of the ground right.   Not quite sure.. if  you look at other companies relative to what  they have... well maybe we are ,at this second in time..  As many have said this is  only a future long term play now.. we are no ...more  
Comment by ijerryhale on Jun 02, 2017 2:47pm
Don't be a sucker and get pulled into this. ALO has been stuck in a channel for a looong time. Needs to close above 5.1-5.2 with volume to break out of the channel. [url=https://https://stockcharts.com/freecharts/pnf.php?chart=alo,PEACDANRBO[PA][D][F1!3!1.0!!2!20]]ALO[/url] Right now, it's getting pulled back down into the channel and it could be sold right back down to 4.4 on ...more  
Comment by bobofet on Jun 02, 2017 3:39pm
As a fan,, let me know all the good things you see with ALIO.... THANKS
Comment by ijerryhale on Jun 02, 2017 3:53pm
No debt, cheap gold in AP, Guerrero belt is now sexy and has been heating up for a few years. New management team. Also, I for one think the reverse split actually was a positive, not a negative. That and the name change I see as a gutsy move on the part of management. If we don't see a pretty big downside move in gold, and I don't think we will, I think ALO will at some point settle down ...more  
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