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

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"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."

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TSX:ALO - Post Discussion

Alio Gold Inc. > No future down and down and down

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Post by Moppel on Apr 15, 2019 3:55pm

No future down and down and down

This time I can not see any good future for this stock. It seems a new 52 week low will come. No good stock and there is a real risk for the Chapter11. Two bad earning quarter and this stock is laying on the earth. The last chance for them will be to sell the Ana Paula Project.

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Comment by zzthnx on Apr 15, 2019 10:04pm

"Real risk for the Chapter 11"? I don't believe so. From their recent release of 2018 Full Year Results: Cash and investments of $22.0 million, working capital2 of $62.7 million as of December 31, 2018. Read more at https://stockhouse.com/news/press-releases/2019/03/13/alio-gold-reports-fourth-quarter-and-full-year-2018-results#xWEFZjjITpP8hbsR.99 Moppel, if you're so ...more

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Alio Gold Inc.