Alio Gold (ALO)

[Meximus]

They already did a dilution last year to finance the second project. Unless there is a 3rd project in the works, I think they are trying to get a wider audience.

I foresee the R/S and being listed in the NYSE as a positive. Management will let that rise enough so that if they do dilute, they will be comfortably above the $3 target.

The share price lost 20% of the value when they offered 10% more shares. At a minimum, they will have to wait until they reach $5 before they consider any dilution.

Personally, I would rather pay $1-2 for a tranche than the $10-20 that I have done when I bought that tranche of 5000 shares a while back.