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Allied Nevada Gold Corp. Message Board

  • george_arthur_vandelay_costanza george_arthur_vandelay_costanza Mar 8, 2013 6:50 PM Flag

    Price action today interesting


    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.

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    • lee4340 Mar 9, 2013 10:31 AM Flag

      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.

      Sentiment: Buy

3.92+0.22(+5.95%)Jul 11 4:03 PMEDT

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