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Allied Nevada on track to meet annual output guidance after strong Q2

  • Allied Nevada (ANV) says Q2 gold production and sales were 51% and 69% higher, respectively, in H1 of 2014 vs. the same period a year ago, on track to meet its annual guidance.
  • ANV says the largest contributor to the improved production and sales was the increased processing capacity of the new Merrill-Crowe plant.
  • Says Q2 production and sales targets were achieved at the Hycroft mine, which continues to benefit from increased mining capacity and process improvements implemented to the heap leach operation.
Comments (4)
  • User 16336642
    , contributor
    Comments (37) | Send Message
     
    Didn't stop whomever is short this stock from engineering a landslide alongside GDX yesterday.
    11 Jul, 08:49 AM Reply Like
  • TLux
    , contributor
    Comments (2) | Send Message
     
    WTF happend yesterday afternoon? At 3PM EST GDX and GDXJ and their components just fell through the floor Anyone have any insight into the mechanism of how that happens? If GDX or GDXJ receive massive sell orders, then do they in turn sell shares in the underlying equities? Something seemed staged in the manner in which the The whole sector turned on a dime and headed south. Any one have an idea about how this is achieved?
    11 Jul, 09:32 AM Reply Like
  • SanDiegoView
    , contributor
    Comments (3) | Send Message
     
    Gold futures are price fixed by bankers who demand faith in currencies and the endless printing press economy (QE) that they control. Nobody is printing any less money. They are merely claiming to be printing it at a lesser rate than before. What is most surprising is that a manipulated investment population thinks that gold has a comparative value that is less than $1,900/oz when even more money has been printed/created out of thin air in the past 40 months.

     

    Manipulating gold prices in London, shorting ANV to about 1/3 of the shares and stunts like yesterday are a bankers game. They measure confidence in currencies and sociological tea leaf metrics and game the system for their own gain as well. We have seen this before with admission from those who do it (Barclays). Which bank was it that recently got out of the gold price fixing scheme? Germany's Deutsche bank.

     

    Government/banker created paper money with basically international banker control. Ergo no SEC investigation into stock price manipulation of ANV by financial institutions shorting 36 million shares. Obvious corruption carefully ignored. This will be the year to get out from a rigged stock market system.
    11 Jul, 12:13 PM Reply Like
  • Zhen-Rui
    , contributor
    Comments (53) | Send Message
     
    The view from SanDiego is so insightful!
    11 Jul, 10:01 PM Reply Like
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