NYSEAM:ANV - Post by User
Comment by
BREAKtheCOMEXon May 12, 2014 8:41am
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Post# 22549849
RE:What Is ANV Worth?
RE:What Is ANV Worth?As witnessed by DGC's first quarter financials, I would expect ANV to also suppress good news in the short term to avoid being a take-over target. Too many have too much to lose by allowing ANV aquisition by a major at such a rediculously low valuation. A rising gold price should help reflate ANV before good news is proudly released. Its best to stay under the radar for the next while.
Note: DGC stayed under the radar by not selling 23,000 ounces of gold then reporting costs as a "cost per gold ounce sold" thereby allowing a much higher cost per ounce to be reported. It would appear they are hoping for reflation of their share price before hitting the market with their actual cost of mining.