Allied Nevada Gold Corp ANV

RE:RE:RE:ANV is most shorted gold stock

[BREAKtheCOMEX]

The second quarter results will also be out by the end of July.  As the leaching improves and the recovery increases we could see more pay down of debt which de-risks the company and will scare the pants off the shorts.  I also beleive the decision to proceed with the mill will be another huge catalyst.  As of now we are valued as a heap leach oxide operation with 6 years left.  When it changes to a 22 year operation at 800,000 AuEq ounces per year then watch out.  I'm also expecting the huge wire rope shovels and 320 ton trucks to show how efficient the operation is becoming.
     

skys1 wrote: Agreed, I have a large position, but I'm buying more. This gigantic short position will have to be flipped when the price of gold turns which I believe will be sometime this summer. This will cause the "mother of all short squeezes".