DONT DISMISS TAKEOVER POSSIBILITY, $24 POSSIBLE ON BUYOUT
Nice upside here if ANV gets bought out. And at least a power bounce soon too. BK is not even on table here, they have normal revolving credit, not toxic financing with convertible shares and the like.
Big hedge funds taking stake might the first step. Outright buyout is the best for Gold Majors as they are getting a steal=deal even at $24. I would like to see the management respond ferociously to protect shareholders interests. Gold price is literally unchanged during the last 5 trading days and ANV took a big cut on its market cap. They did the right thing by throwing the ex-CEO out and fundamentals haven't changed a bit.