We are holding up really well. This has been horrible macro news for miners....short-term of course....and we are not doing that bad. I am going to go out on a limb and say we end the day green today or very close to it just like yesterday.
Unfortunately gold is breaking down big time, and all the good work at ANV by Buffington and Buchan won't matter in a gold decline. I still like ANV as a long term play, but it looks like the $3.54 low will be challenged soon if the gold bear market proceeds. The sad thing is that gold is so close to breaking out on the upside, but it appears that won't happen any time soon.
Whats changed???...if the debt debacle is resolved more pumping form the fed...lots more especially with heli ben gone and easy money Yellen coming in to replace him. if its not resolved the dollar goes down and gold goes to the moon. Either way this company has alot of gold in the ground..lots and lots of it and its mining in it in a mining friendly district country. JMHO do your own dd