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Allied Nevada Gold Corp ANV



NYSEAM:ANV - Post by User

Bullboard Posts
Comment by JoeBloon Apr 13, 2001 4:55pm
82 Views
Post# 3607713

RE: Monty's Comments are now...

RE: Monty's Comments are now...lets see... nearly three years ago an announced flow rate of 5,000,000 cubic feet per day with 17,000,000 shares took ANV to $1.50. So, 500,000 cubic feet per day with 34,000,000 shares (including warrants) should do the following: $1.50 * (500,000/5,000,000) * 34,000,000/17,000,000 = $.075 Looks like ANV is overvalued even if some gas starts flowing...
Bullboard Posts