Post by
gbenga on May 22, 2018 4:01pm
Sell or Stay???
I have been bruised and abused over the years by TMM/ALO and perhaps my own greed. Now with 65% LOSS should I sell or keep getting beat down to 75%, 85%, to 100%? SIGHHHH. Coulda Woulda Shoulda!!!!
Comment by
BASTILLEDAY4U on May 22, 2018 10:47pm
A few facts, last year Rye Patch Gold Corp comprehensive loss for the year $(10,957,410), total liabilities $ 48,557,470. Alio gold q1 2018 all-in-sustaining cost $ 1,262, total liabilities $ 40,136,000 u.s. Short of a miracle, I don't see how Alio can be ever be a profitable company for shareholders, it got worse today absorbing that other debt ridden dog.
Comment by
Goldhound3 on May 23, 2018 9:09am
I’m down 60% so i might as well hold for now but if were still at this level by tax season then its time to sell
Comment by
BASTILLEDAY4U on May 23, 2018 2:23pm
farmer logic should indicate therei s no reason for this to go up or even maintain share price value unless the product being mined goes up significantly. no one here has yet to give explain the value of doing this deal, I am now also skeptical of the voting process, supposed over whelming support and the price goes down for one reason, they want out.
Comment by
BASTILLEDAY4U on May 23, 2018 2:26pm
No longer the case because the debt was passed off on to Alio shareholders and those responsible rewarded via their own golden parachute contracts they apparently forgot to mention.
Comment by
2fast4uI on May 23, 2018 4:49pm
This post has been removed in accordance with Community Policy
Comment by
kkkrrr on May 23, 2018 5:33pm
revaluation will come soon here ... the stock is way too cheap here.... 2 operating mines with potential room for big improvements.. 2-3 developement projects including Ana Paula .... maybe it will take some months ...from valuation-side the stock should trade at 4-5 CAD...