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Allied Nevada Gold Şirket Message Board

  • jbspectrum jbspectrum Jun 20, 2013 5:16 PM Flag

    Dir PESCIO Acquires 50,000 of ANV 6/18/13...

     

    date 6/18/13...price 6.34...shares 50,000...value $317,000.

    Chmn Buchan buys 200,000 of ANV @ $10.75.

    date 5/17/13 equity financing 14,000,000 @ $10.75...US$173,075,000.

    and ANV @ $6.40....Not for long....they know something we don't...accumulate....

    JB.

    Sentiment: Strong Buy

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    • Nice about the insider purchase... And I might well accumulate some more shares too.

      But if Pescio and ANV genuinely knew something very positive that we don't about ANV, then I'd rather they tell us more directly.

      Despite all of the issues Barrick has recently bludgeoned their shareholders with, I was personally impressed how upfront their management has been, and how ABX shareholders seem to have some sort of idea what ABX is doing, or doing less of, in the future.

      It's frankly the ABX explanation of potentially lower production in the immediate future that helped me understand why ANV may also be doing such a thing at this pt too.

    • The 6-18 transaction was not a market purchase but simply exercising options.

    • Not easy to do requires risk and courage.. but I have been accumulating..

 
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