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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. > Heading back to 4 bucks
View:
Post by Goldhound3 on Jul 04, 2017 10:30am

Heading back to 4 bucks

Things are not looking good for ALO first they do a PP and now gold is heading back to 1100... Anyone that paid over .65 cents like me is going to be here a long time before they recoup there cash...Plus if gold drops to low they may just shelf AP until things improve..Sure hope I`m wrong as I`m back in the red big time
Comment by Platin2014 on Jul 04, 2017 11:35am
Sorry, but I guess it is just the panic / manipulation of a few traders. We all knew that ALO has to raise money for Ana Paula, the small dilution can not be the reason for the drop. I couldn`t find anything real negative about ALO and my hornest opinion is, that ALO will rebound fast. I stay calm and long and I have a relative big position in it. Good luck to all
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