Post by
fb454 on Aug 20, 2018 6:55pm
Now if Greg M.
If Greg M.has the best interest of stockholders in mind, he would resign. The B.O.D. should be fired. I hope some company comes in with a hostile takeover of 1.25 U.S. Keep the bid good until Oct. 1st. If you don`y buy the whole company, you`ll buy enough to fire " The expert management team we have assembled here. " That`s what this ego driven person used to put on all his press releases. Hey Greg; I didn`t see that capation on any of the press releases this month. You don`t even see what`s right in front of you. You managed to screw up Anna Paula. That`s what you and your experts accomplished. You should all be ashamed of yourselves.
Comment by
Goldhound3 on Aug 21, 2018 10:39am
I agree.. I’m poised to lose thousands comes tax season should have sold a year and a half ago but held on as the stock contiued to free fall.. I still think we must be over valued with no other company wanting to even offer us $1.25...what ever happened to the target price of 10 bucks these banks were valuing us at..Lol.. signed the party is over!!!
Comment by
gbenga on Aug 21, 2018 12:40pm
I have been selling off this piece of rock in small batches. Dont care any more. It will only get worse for ALO. Not even a deemed light on the horizon to anticipate.
Comment by
auburn2 on Aug 21, 2018 12:50pm
Compare the balance sheet here to any other name in the sector. Can you find a better balance sheet? Second, can you find a better discount to NAV? There's uncertainties related to the two operating mines, but on a reserves basis and on a balance sheet basis, is there really a better opportunity in thes sector?
Comment by
Louise604 on Aug 21, 2018 2:42pm
Then you should be buying here with both hands and feet my friend... I'm watching it ATM, can't time the bottom, but I don't think we hit bottom yet. Also, looks like a new equity raise is in order. Atleast that's what the market seems to be pointing at. Sad to see ALO battered like this though
Comment by
auburn2 on Aug 21, 2018 3:53pm
I just stated how healthy is the balance sheet. Current assets of $115 million usd. Why would they raise equity?
Comment by
2fast4uI on Aug 21, 2018 5:22pm
This post has been removed in accordance with Community Policy
Comment by
PANTSONFIRE on Aug 22, 2018 12:49am
This post has been removed in accordance with Community Policy
Comment by
kkkrrr on Aug 22, 2018 6:54am
i thik they have a plan... freeze AP spending (appr. 5 million USD per quarter) , optimize SF and FC .. this will lead to lower AISC .... they have some hedges in place at 1270$ per oz .. its possible Alio Gold in in an better position in 1-2 years but POG has to stay >1100$ ...
Comment by
johnny007 on Aug 22, 2018 8:53am
Current Asset Inventory $67M (was $22M) - Stockpile $1M - Ore in Process $58.8M (was $17M) - Finished metal $2.3M - Supplies $5M (was same) To make that $58.8M ore current, it really must be in process, i.e. liquid within 12 month. Thank you for the detail.
Comment by
2fast4uI on Aug 22, 2018 10:46am
This post has been removed in accordance with Community Policy