Investor Complaints to SEC on the ANV Warrants Valuations I note that many investors who bought ANV [ Allied Nevada) before their 2014-5 Bankruptcy are upset that the US $44 future promised valuation of their warrants appears in danger due to the new HYMC management's attempts to dilute their interests. According to Mr. Jordan Darga, many original ANV warrant holders have now filed complaints with the SEC in hopes that the regulator will take action against the new HYMC management to force fair value be given the warrant holders. These warrants are currently trading for .35-.45 US and might make a great longshot gambel if you are not an owner already.
We also note that HYMC just released first quarter earnings which show increased revenues from more gold and silver mined at higher realized prices.
Suggest all warrant holders review their positions as these come due in just a little over a year from now [10/22). Good luck to all!
JMHO