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Allied Nevada Gold Corp ANV



NYSEAM:ANV - Post by User

Comment by goldguy007on Oct 07, 2014 6:55pm
243 Views
Post# 23007937

RE:RE:wow seriously?

RE:RE:wow seriously?

Guys,

I haven't changed my opinion on ANV and I still have a small core position which as view as long term call options.

I haven't traded it for months.

Here is the link to a recent post that addressed the issue of ANV's survival.

It has lots of good info.

https://www.stockhouse.com/companies/bullboard/t.anv/allied-nevada-gold-corp?postid=22957414

It appears to me that ANV needs a POG of about $1350 and higher to provide good cash flow and positive leverage to gold.

This chart shows relation of ANV to POG in the past year.

https://stockcharts.com/h-sc/ui?s=ANV&p=D&yr=1&mn=0&dy=0&id=p02536191366

I don't know if ANV will survive as a independent miner and it may be a takeover target.

If and when the POG gets back to 1350 area I will take another look at it as a possible decent play on gold.

goldguy


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