There is no comparison here. ANV cannot be compared with JAG because Allied Nevada has very valuable reserves and already generating solid revenue. You got lucky with your short position but if you have any clue about financial statements, you won't stay short for a moment longer. Margin calls and misinformation caused this stock to go down this much. It is a gift for folks like me adding more here. Yes! ANV can make money at this price level for PM. Later part of 2013 would be much better than this quarter. We are going to be trading much higher. It not a question of 'if' but when. My answer : Very soon!
Disclosure : Long ANV. This is not an investment advice. If you keep shorting, you will lose it all.
I noticed you said revenue and not profit. All I care about is profit. I personally do not think ANV is profitable with current metal prices. This is a death spiral similar to JAG. If you read the JAG boards, I called the death spiral when it was trading over $8/share. More dumb luck.