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Alio still has funding questions

Alio's discounted capital raising won't please all investors

Cameron French
Alio's San Francisco gold mine in Sonora, Mexico, is generating cash at current gold prices

Alio's San Francisco gold mine in Sonora, Mexico, is generating cash at current gold prices

But that financing has left considerable shrapnel in its wake, having been priced 16% below Alio’s shares at the time it was announced in late June. Predictably, the share dilution, likely combined with...

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