If you looked at NEM, AEM, ABX, etc all down marginally and then many oversold jrs popped. Coming out of PDAC you wonder if the buyout rumors are true. 2x-3x avg daily volume here and no dips on ANV now even when gold dips. A share deal from NEM (down) to ANV (up) makes sense for both and the price action smells a little bit that way.
The volume has been very good lately. This company is ripe for a take out and I would not be surprised to see it happen now. ANV could also JV or sell the Hycroft and ramp up production on the other properties. This is really a silver play and if silver prices stay in this price range until the mill is up and running then look out we have a huge winner!!
At that point a major will have to put up BIG money to buy.