Re: share price

Welcome To The Alto Ventures HUB On AGORACOM

Alto Ventures Ltd.: Alto-Wescan Finalize Drill Contract for Mud Lake Project, Beardmore-Geraldton Gold Belt

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BCGREEN01

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Re: share price

in response to

Re: share price

Gaspe_007

posted on Oct 03, 2008 04:02PM

Hello Gaspe & Woozlecat

Spoke with IR Today, company has cash in the bank enough to last for all their programs into 2009. Plus they have the JV with Wescan where they are the operator. Cash value of Alto is a little over 2 cents/share. The JV with KXL is complete and most of the holes found significant gold. They will start drilling in one of their properties, which will be announced when it has started.

Getting the shares at any price today was an incredible steal. Would have like pick up more, but you did extremely well to buy at 3-1/2 cents.