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Bullboard - Stock Discussion Forum Alio Gold Inc. T.ALO

Metals & Mining Industrial Metals & Minerals
"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. > I sold everything
View:
Post by george2010 on Mar 14, 2019 3:14pm

I sold everything

Sorry but this thing sucks. It's going to 25 cents IMO.

I know it's got tremendous assets; but there's also no money to build those assets into low cost mines...

Dump it and forget it... come back once in a while tosee if this really might change...

My 2 cents for what it's worth...
Comment by kkkrrr on Mar 15, 2019 1:37am
LOL ..why sell everything?  San Francisco is the key here.. sell it and fix the ore-handling -system at Florida Canyon .. -SF... this year only stockpiles to the mill .. this will be profitable , year 2 lre-leaching of the old heap leach pad ... during this 2 year time try to sell the mine ...    -Florida Canyon... some fixes and costs possibly will go down....  this ...more  
Comment by george2010 on Mar 19, 2019 4:43pm
I sold everything because I decided it didn't fit my investment philosophy. I don't want to wait. Look at the graphs... I hope Alio works out for you. Koppel is already th7nking about chapter 11. I hope not for everyone's sake here... but history isn't on Ali's side. It could be a takeover because of the assets, but who knows. Good luck
Alio Gold Inc.