Alio Gold (ALO)

[Meximus]

Reverse splits are just accounting tricks. Usually a crap company who consistently loses value will reverse split to keep their share price from dropping to an unacceptably low price.

I don't think TGD represents a crap company. They've consistently hit +20% profit on their revenue, and are expanding a new project.

The fear is that they will raise new capital by diluting the shares as they did a few months ago, but that would happen regardless.

Simply, I just hate to pay $10-20 for a tranche of TGD when I could have just paid $1 or 2. I couldn't care for the name change or R/S.

I'm hopeful they will be included in the GDXJ rebalancing or at least garner some attention from it.