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Allied Nevada Gold Corp ANV

Metals & Mining Gold


NYSEAM:ANV - Post by User

Allied Nevada Gold Corp
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Post by JoeBloon Sep 12, 2002 12:03pm
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Post# 5428376

Market cap down 50% on a $10.00 trade...

Market cap down 50% on a $10.00 trade...ANV is now worth about $275,000. Maybe that 10:1 consolidation was a good idea after all. Percentage wise, the fees in trading stock drop substantially. But at these prices, a 50:1 consolidation would make more sense. Then issue 2,000,000 new shares, and voila... Jimbo can't manipluate the price anymore...
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