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Bullboard - Stock Discussion Forum Allied Nevada Gold Corp ANV

NYSEAM:ANV - Post Discussion

Allied Nevada Gold Corp > Financing the Expansion.
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Post by skys1 on Aug 07, 2014 1:19pm

Financing the Expansion.

The final feas will be out in a couple months, weather they go with the full-blown huge expansion or a slimmed downed version, it is my position that they won't have to sell as much of the company or mine however it works out as most people think. The reason is they will have that huge 200 million oz. Ag p/yr production to work with. That is a giant amount of silver production for a market whose supply continues to shrink. IMO, they will sell forward a large portion of this silver production as many others have done to finance new mills, mines, or expansions. I'll guarantee you, SLV is in the mix somewhere. That amount of silver is very hard to come by and would really turn them on. That is how the management of SLV has built what has become a huge company. They advance a producer money for future silver production, then sell it into the market as the producer delivers it to them. This will be very advantageous for both ANV and their production partner.
Comment by skys1 on Aug 07, 2014 2:23pm
Sorry, I just read my post. I meant to say SLW not SLV
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