Allied Nevada Gold Corp ANV

RE:For Gamblers Only

[John76]

Yes I agree goldguy007, ANV is for the gambler at this stage.

Some financial stats of interest are as follows:

* cash held Sept. 2014, $ 5.8 M
* gold inventory Sept. 2014, $ 21.8 M
* revolving credit available Sept. 2014, $ 60 M
* gold and silver on leach pad Sept. 2014, $ 188 M

As we all know the company will recieve about $ 22 M as a result of the recent share offering. The company owes $ 130 M in principal and interest repayments next year. They seem to have the funds to get by in the next 6-12 months. You would think they would do another share offering down the track if things got tight as the recent one was not relatively huge. Ummmmmm, there is significant gold and silver on the leach pad to be exploited. I assume half the production expenses have been payed for already to get this stuff on the leach pad, therefore it will only cost a further $ 600 per gold ounce to reach saleable form? This being the case, there would be a $ 90 M realizable profit at current gold prices when this gets sold? Some people might differ on this perhaps? I don't think ANV is going to go bankrupt anytime soon. If gold goes close to a $ 1000 next year things might get tight in 2016? Great leverage in this company if gold goes up at some point. Casino trying to pick it though...