Alio Gold Inc. T.ALO

Did anyone read Q1?

[Franschoek]

My take was a management team in way over their head trying to coddle marginal assets in the hope of a big breakout in price.  The breakout has happened, but when most of your fleet is sidelined by mechanical issues, and you don’t have the capitol to fix them the price is irrelevant, you can’t produce.  This was an overstep in my opinion.  They had/have a great potential resource in Ana Paula and they sidelined that to become mining heroes/zeroes.  It’s a tough game and you need to have your ducks in order.  I think that this group was simply not ready for prime time.

[MisterB]

Frans, WRT Q1, you are right.  The previous CEO simply stretched the company too far with too many focal points, which was not good considernig the pit pushback being completed for SanFran and associated high-cost of that endeavor.   Although progress was made, it still requires approximately 40% more work to be completed until they get to the higher grade, more contiguious mining