RE:Goldguyoilminer,
I don't really know any more than anyone else about ANV.
I am basically a trader, and I have different lengths of time that I trade in, including short, medium and long term.
I am treating ANV as a longer term trade and may take shorter term trading positions if gold can get to $1350 and ANV is performing well.
Gold has been very strong and is approaching major chart resistance in the zone around $1300.
It is also getting overbought on momentum indicators.
However, gold can have price thrusts that result in it appearing overbought and it can remain overbought for some time.
I am not quick to take profits in any of my PM positions, but I do use trailing stops to control risk in most positions.
I have no idea of what strategic plans management has to protect profitability.
So far, they have not hedged production at any price.
Given my bullish bias, I would prefer no hedging since gold appears, to me, to have put in a long term bottom.
goldguy