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Olivier2805

Olivier2805
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  • Allied Nevada receives $7.50/share takeover offer, shares +27% premarket [View news story]
    Looking at the consolidated accounts of 09/30 :

    if you add current assets, buldings, lands ( without counting the ounces!), equipment and substract long term and short term debt, you find a value of 700M$.

    So in fact, the value given by the chinese company is euivalent to the liquidation value, but without counting the 20M of ore ounce and reserves...

    It' very very very cheap!
    Jan 14 11:45 AM | Likes Like |Link to Comment
  • Allied Nevada receives $7.50/share takeover offer, shares +27% premarket [View news story]
    Do the shares wil quote today or is the share suspended?
    Jan 14 10:54 AM | Likes Like |Link to Comment
  • Outlook For Gold In 2014 [View article]
    Not a very usefull article, sorry!

    You forget the real price of production which is about 1200-1250$/once all cost includes), which is the most important data to know (don' care about quantitive easing, and so on...)

    At 1200$/once, half of goldminers loose money.

    Can you explain how can you expect in this case that gold price will fall at 1000$?

    At 1000$/once, about 80% of goldminers loose money, which can't be possible for a long time!
    Jan 7 07:56 PM | 3 Likes Like |Link to Comment
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