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ALO - Alio Gold: A Risky Gold Miner That Could Pay Off
Alio Gold Inc. (Canada)
Image: Florida Canyon mine. Alio Gold
Investment Thesis
The Canadian-based Alio Gold (ALO) - formerly known as Timmins Gold - is a small mid-tier gold and silver producer which was operating two mines in Mexico and Nevada, US. Recently, Alio Gold entered into a transaction with Magna in which he sold San Francisco mine. Also, the company owns one development project in Guerrero, Mexico, called Ana Paula and one exploration project called Ejutla.