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Allied Nevada Gold Corp. Message Board

pm_guru_1 4 posts  |  Last Activity: Mar 19, 2014 2:40 AM Member since: Oct 18, 2011
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  • Reply to

    PAAS go hostile on CDE

    by esyslpr Mar 11, 2014 11:05 PM
    pm_guru_1 pm_guru_1 Mar 19, 2014 2:40 AM Flag

    I agree. But the premium is too large. CDE holders will accept to get a nice dividend and better mgmt and balance sheet. The combined company would be very compelling in terms of future earnings power with 50-60M ozs of Ag eq production. Maybe more than that since CDE is producing a lot of gold too. I like it. But I'd really like it if theyd go hostile on aurcana which is down 90% and has a sweet little mine in Peru with well over 100M ozs silver, and I'm sure the shafter mine in Texas will eventually be worth something at higher silver prices. Aun is trading for chump change. Paas could buy them, add 3-4M oz low cost production immediately and not even notice with no dilution. Adding 20% value with a small non dilutive transaction is preferable to a merger of equals scenario IMO, but with silver only $21 silver investors will make out like bandits either way.

    Sentiment: Buy

  • Its just too cheap! All this cash and barely trading with a positive EV lol. Gentlemen, this is a 10M global resource with the capability of producing 400k ozs and is fully funded. And it's economic to operate even at the lower gold prices. I can understand an explorer trading for near cash if they don't have any means to reach production without a major capital raise, but not a producing mine, and a large one at that! I sold out of this back when it was Keegan at much higher prices, but I have to say I'm pretty damn confident a longer term position here should stroke me nicely.

    The next $1000 move in gold from here is $2325 not $325!! (bwahaha)

    Sentiment: Strong Buy

  • Reply to

    A joke that Letwin is still CEO..

    by thestockmaven Feb 24, 2014 10:09 AM
    pm_guru_1 pm_guru_1 Feb 24, 2014 3:44 PM Flag

    Give the bum an #$%$ whooping on the way out. Take all his money and issue a special dividend to shareholders LOL.

  • Reply to

    Letwin needs to be...

    by checker_soft Feb 8, 2014 10:56 PM
    pm_guru_1 pm_guru_1 Feb 11, 2014 3:06 AM Flag

    Yes. Stock will pop 25-35% in one week after change of CEO. It does seem like quite a few of the miners have been so poorly guided it almost looks deliberate. IAG sold its JV with Gold Fields for $600M and bought a late stage exploration property and floated a huge note offering. These guys could have bought 300-400k ozs of additional production EASY with the money and no dilution. Instead this. Off with his head.

3.57+0.11(+3.18%)Apr 22 4:00 PMEDT

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