Allied Nevada Gold Corp ANV

ANV is most shorted gold stock

[BREAKtheCOMEX]

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.

[99999gold]

Yeah saw that too for those that are interested -https://www.zerohedge.com/sites/default/files/images/user5/imageroot/2014/05/Most%20Hated%20Russell%20May%202014.jpg  I'm looking at buying up anv as well, just looking at entry point here.

[torontom]

wait for the complete capitulation time frame: 6-12 months

[BREAKtheCOMEX]

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.

[BREAKtheCOMEX]

Its now up to #27 with 35.52% of the float.  Shorts have added almost 3 million shares. Note:  HighShortInterest.com  Stocks with high short interest are often very volatile and are well known for making explosive upside moves (known as a short squeeze). Stock traders will often flock to such stocks for no reason other than the fact that they have a high short interest and the

[BREAKtheCOMEX]

Ya 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

[skys1]

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".

[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