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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. > Sht management = Price drop
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Post by godisgr81 on Feb 21, 2018 4:05pm

Sht management = Price drop

As someone mentioned to me today is that this is a classic case of management over promise and under deliver. If they keep this up then we still haven't reached our bottom yet. Whoever brought the current CEO should be dismissed for dereliction of duty. Is there hope for this bottomless pit?  YES. Seems like great DR doesn't really help our sp. I think a great news such as financing agreement for AP should provide a big shot in the butt. 

If things don't turn around soon, the management is good for another six months and then they're DONE.
Comment by MisterB on Feb 21, 2018 7:35pm
Although I understand adding the underground component to the DFS - how it will impact costs and surface approach, I am getting tired of McCunn throwing wrenches in a well articulated and published plan, time and again.  If he can't deliver what he has stated, then don't state it.  I've started adding a "T" at the end of his name everytime I say it. A push of ...more  
Comment by Weeble on Feb 21, 2018 11:00pm
They have talked about going underground for a long time so I am not surprised.  It should really add to the life of mine and help generate more interest if the resource is expanded in the mine so I support the move even if it might delay things a bit more.