OTCQX:BGMZF - Post by User
Comment by
yaponskion Jul 22, 2013 2:12pm
102 Views
Post# 21622364
RE:ANV misses production targets
RE:ANV misses production targetscobalthead,
Now be fair. I was saying ANV was an excellent value from a fundamentals point of view. And since then ANV is up nearly 20%. Gold production QoQ is up 3%. Not shabbly.
Sure ANV is running real mine and they will prepare real solutions. Notice that market did not sell of much on news either today.
If gold recovers to 2011 levels then I expect to see ANV trading at new highs ($40 plus). Being able to buy reserves at roughly $5 per ounce from profitable miner. ANV feasibility studies are all based on $850 and then $1000 per ounce. And IIR was excellent at $1000. At $1300 even better.
But I digress. Do you expect to see BGM trading in Q3? Any expectations on 1st Friday closing price? Or oar you like the BBoS crowd that plans to sell into any strenght to buy back at 52 week lows which IMO are very likely to appear. So, come on there Cobalthead, put up or shut up!!