NYSEAM:ANV - Post by User
Comment by
ElJon May 24, 2011 11:33pm
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Post# 18621073
RE: RE: RE: RE: I like what Canaccord Genuity said
RE: RE: RE: RE: I like what Canaccord Genuity saidMrBigger, your "reserve" numbers are optimistic IMHO.........Proven Gold reserves are identified by Allied Nevada as 162,381K tons at 0.013oz. per ton containing 2.160 million oz. and probable reserves at a further 33,650K tons at 0.012 oz. per ton containing 0.399 million oz.
As you well know productionn in year 2010 was 103,700 oz. Gold and 234,000 oz. and a Total Revenue of $130.93 million. The oxide expansion project plans to increase production to more over 300,000 oz. of Gold and 1 million oz. of silver during 2013.
I respectfully refer you to some brief observations on the year 2010 results for Allied Nevada Gold in BB post number 29395811 8th March 2011,
Peace,
Good Decision-making to All,
ElJ