NYSEAM:ANV - Post by User
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BREAKtheCOMEXon Jun 04, 2014 4:27pm
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Post# 22630827
RE:ANV is most shorted gold stock
RE:ANV is most shorted gold stockYa know.... longs could really give it to the shorts by deciding this stock is worth $10.00 and not selling till that time. Imagine the panic of 35,000,000 shorties trying to buy anyones shares for the cover.
ANV is quietly building momentum. When the price of gold re-starts its movement higher this will be explosive!!!
Looking at the metal production in the first quarter compared to the amount of gold placed on the leach pad, ANV's new production staff is having a beneficial effect on gold recovery. 2012 and 2013 saw gold recoveries of under 40% and silver recoveries under 10%. Q1 2014 data shows recoveries of 56% and 13% respectively from lower grade material. If we apply these improved recoveries to the 2013 mining data it results in 88,198 more gold ounces produced and an additional 373,239 ounces of silver. Using todays gold price that amounts to $122,122,636 of additional revenue. I doubt the mining cost would go up much due to the improved recovery efficiency (perhaps the crusher did help some in the first 1/4). With reduced staff levels and improved efficiency of the rope shovells and 320 ton trucks weshould see reduced costs for 2014. Read more at https://www.stockhouse.com/companies/bullboard/t.anv/allied-nevada-gold-corp#ZIgOkAqtg5ltYydf.99 ANV reduced its long term debt by $28,000,000 in the first quarter and its total liabilties by $36,000,000. If they continue this there will be no liabilties left in five years. This is a good strategy as they can report lower profits which brings less interest for a take-over. ANV must stay under the radar so that share price can re-inflate. An early take-over will destroy the chance for many shareholders to re-coup costs. Eliminating the long term debt will, by itself, boost total revenue by over $100,000,000 annually. Read more at https://www.stockhouse.com/companies/bullboard/t.anv/allied-nevada-gold-corp#HC7Zo2dVgRO94gRs.99 n the last quarter the amount of gold and silver mined but not processed also increased: 1: ore on leach pads by $11,000,000 2: stockpiles by $11,000,000 3: inventory by $2,000,000 Note: total gold and silver ore in stockpiles, inventories and on leach pads is worth $372,000,000 which is higher than our current Market Cap. The expense to extract this ore is a fraction of the cost to mine it. I don't know if they factor the processing cost into the value of the ore. If they do then these numbers are even more impressive. Read more at https://www.stockhouse.com/companies/bullboard/t.anv/allied-nevada-gold-corp#kA1739bZW77cd6pw.99 I notice retained earnings of $25,484,000 on the financial statement. BREAKtheCOMEX wrote: I've gone through the last 5 financial statements and have found that ANV has produced about 34,000 more ounces of gold than it has sold (240,000 ounces of Ag also).
Read more at https://www.stockhouse.com/companies/bullboard/t.anv/allied-nevada-gold-corp#BiCOk7UsltIrvYAB.99 Hot inflation is already the number one concern of the FED at the June 18th meeting. Capitulation is right now as inflation is the absolute driver of gold price. Read more at https://www.stockhouse.com/companies/bullboard/t.anv/allied-nevada-gold-corp#QZQFzIvfl3kx6D91.99 BREAKtheCOMEX wrote: Russel 2000 top 50 shorted stocks by float % has ANV at # 47 with 32.7 % of shares or 31.7 million shares are sold short.
With a huge defensive barrier of naked shorts on Gold at the low $1300's we may have the perfect storm for ANV if Russia and China push gold through this barrier just to PlSS-off the west. But then again, why would the east force the price higher when they are the ones benefiting the most from cheap gold. The sellers are getting hosed which are mostly the miners.
Currently, miners are producing about $125 Billion worth of gold annually. The gold price will likely flounder until the west start to compete with the east for the physical gold. Currently, rich westerners do not see the inflation like the poor do, but the poor can not compete for the gold. When the rich see their wealth declining due to inflation, they will look for ways to preserve their wealth. The first to realize the decline will benefit the most by buying gold and gold miner shares when they are the cheapest.