Post by
Oilminerdeluxe on Jan 16, 2015 2:16am
New to ANV
I am thinking of buying shares in ANV. I just wonder if the board feels that the Company has the Money to develop its big assets now and if the current gold and silver price is enough for them to make it? Regards
Comment by
goldguy007 on Jan 16, 2015 10:13am
Hi Oilminer, I think ANV needs gold at $1350 to be profitable and in the next 6 to 12 months, to have enough financing without futher dilution or forming a JV with another miner. See my prior post. https://www.stockhouse.com/companies/bullboard/t.anv/allied-nevada-gold-corp?postid=23224151 Good luck! goldguy
Comment by
goodday33 on Jan 16, 2015 10:15am
This post has been removed in accordance with Community Policy
Comment by
Oilminerdeluxe on Jan 16, 2015 10:58am
Thanks all for the response. Ouch, If I had Money to gamble with I would buy a chunk. They must be a takeover target and the resources are massive for sure. Yet this manipulated market is beyond sickening. Well, I will check out the board in the future no matter what I decide. Once again, thanks for your views. Regards
Comment by
Oilminerdeluxe on Jan 16, 2015 4:00pm
Screwi it, i bought a few. nice to be aboard:). One thing, if anyone has a view on it. People here talk a lot about gold going a bit higher to get ANV smoking hot again, but what about the silver price? How important is that for ANV right now?