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Re: betahighlander post# 122

Wednesday, 10/29/2014 10:49:53 PM

Wednesday, October 29, 2014 10:49:53 PM

Post# of 169
You can reread some of my previous posts. I think I pointed out that anv was overvalued compared to atnaf . gss . stadf etc. Most of this stuff is even lower than last year at this time as investors can only wait so many years before throwing in the towel. There are still about 45 more trading days until the end of tax loss season so not much chance of a recovery soon. Another one on my radar is cde which is more a silver play. Same p/s ratio as anv but much less debt. As you know anv market plus debt is still 600 million which buys you 250k au and 2 million ag in production. Atnaf could have 100k in production for less than 40 million including debt.
I will post in more detail in the near future.
Some day there will be a real gold bull market and quite a few posters on this board. When that day comes, I , we will have to reduce the ot posts.
This will be a small price to pay for making some money finally on this 4-5 year disaster.

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