NYSEAM:ANV - Post by User
Comment by
MiningMonsteron Aug 11, 2013 1:57pm
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Post# 21662320
RE:RE:Moving higher?
RE:RE:Moving higher?exactly they have been hit with everything, dont forget: inventory build at the same time gold price dropped precipitously, short selling of 10% of the float and analyst downgrades.
yet they still turned a profit, but trading at 1/10 the valuation of peers based on OZ in the ground. this is the biggest deposit in nevada.
gold is down 40% and Faber is pounding the table that it's a bottom. futures are holding higher after a great week. it will not take much to ignite a substantial move higher in ANV.