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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. > The painful financing coming will be below current s/p
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Post by frankman on Oct 12, 2017 12:47am

The painful financing coming will be below current s/p

I see financing far BELOW current share price. Did I hear Cannycord was involved in the last financing? Ouch you know they will take their profit at the first up tick. Financing may be at least .20 cents below current trading. Won’t matter if it is debt or equity.
Comment by chopchopbc on Oct 16, 2017 11:32am
Debt financing and equity financing are completely different beasts in terms of share price. Of course it matters whether debt or equity. Comments like this do nothing for your credibility.
Comment by pdcon1 on Oct 17, 2017 6:58am
alo has 70 million in cash why do an equity pp today as they don't need the money just yet as they make profits from san fran /. you do a pp when the share price is up not down
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