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

"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. > Money to be made shortly on ALO
View:
Post by intowin on Aug 30, 2019 7:58pm

Money to be made shortly on ALO

Play the turn around at the very least. Lost a lot on this one over the years, but won’t pass up an opportunity if one presented itself.

Here’s a reply to a question I asked a Mark

Dear Mr Xxxxxxx
 
The negotiations are proceeding but not yet complete.  However given the immediate need to have reliable mining capacity we have agreed with our supplier to begin taking delivery of the equipment.  Approximately 1/3 of new fleet is on site and is in various stages of assembly.  I expect the full fleet to operational in the 4th quarter.
 
Regards
Mark
Comment by zzthnx on Aug 30, 2019 10:23pm
Thanks, Intowin. I'm also down big-time on Alo. You have to figure though, that it's only a matter of time before this starts heading substantially higher. Once they get Florida Canyon rolling well with the new fleet, we should be in good shape, especially with the price of gold heading upward. I think we're way undervalued at this level. Ana Paula alone is worth way more than the ...more  
Comment by vimyridge15 on Sep 05, 2019 5:09pm
bought this in the old days when it was timmins .. i've been offside 4 ever .. tough to see the light out of this old dog ... funadamentals? yes .. but reality is i'm likely better to sell and eat the losses thant torture myself by watching the fluctuations ... not sure i can endure any longer 
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