Allied Nevada Gold (ANV)

This met a high level screen to indicate a sell and strong underperform against its peers (other tickers in its industry). My 1st version of this spreadsheet devles deep into the company's balance sheet and recent income statements, combined with other relevant price data for the company including insider/institutional holdings, short interest, debt levels, etc.
I'm testing capabilities of this 1st version of my automated, valuation spreadsheet matched with my personal criteria and see how it holds up.

This is a gold miner selling at over 5 times net tangible assets (NTA). There has been some speculation that their deposits might be greater than expected, but even if you assume that their mineral deposits are worth 300% more than they are worth on the books, the stock still would sell at about 2.5 times NTA. Earnings are negative. Cash flows are more negative. I honestly can't find anything to like about this stock at the current price.

It's true that red thumbing a junior miner like ANV could backfire in the event that they have some big discovery or something up their sleeve, but I sure can't figure out what it might be. Going short this stock and going long a more attractively priced gold miner might not be a terrible bet.

This looks kinda sketchy. Used to be a subsidiary of Vista?

I'm red thumbing gold in general. More thoughts on my blog: http://caps.fool.com/Blogs/ViewPost.aspx?bpid=242894

Allied Nevada's flagship property is the Hycroft Mine in Nevada. The gold deposit has long suffered from the perception of being low grade and marginal. Recent drill results indicate significantly more silver than previously identified and early metallurgical testing suggest a significant amount of the sulfide gold and silver resource may be economic. I am betting Allied will be able to convert a significant portion of the sulfide resource adding 2 to 5 million ounces gold/gold equivilent to reserve, essentially doubling or tripling current reserve.

hyperinflation hedge

Not even Ben "Monetize the Debt" Bernanke can save this dog.

Revenueless ANV is soaring, and looking like an attractive short near 5. Still expecting gold to correct back in line with other commodities.

MTA,STV,8>50,Min21>63,C>mxH3.1,Price<10

Easy short

Amazing this isn't on the pink sheets yet.

It's a gravity thing, was up now...

This stock screwed me once in the past...maybe I will get it right this time.

Back to 2.75. Not for long, buddy!

With the value of the dollar falling and oil prices surging gold has no where to go but up in the long run. I think gold is a great investment if you can afford it. I also think that most things in the energy sector will also rise. Silver as well as other metals will also see big gains. I would stay away from things in the hospitality fields. Also I personally won't invest in military related companies but they most will likely see gains as well. I don't think I need to say much about financial companies but I'd stay away from them. Basics like foods will also see a higher demand.

Interesting speculative play.

Gold and silver have taken a sudden drop during the past week. Many speculators are panicing and claiming that this is the end of the "commodity bubble". I don't think so. If you look at the fundamental reason behind the last 6 months rise in precious metals, you have to ask yourself....has anything changed? I don't think so. The Fed continues to pump liquidity into the market, the interest rate continues to decline, inflation continues to increase and the dollar continues to fall. That being said....if due to demand decreases oil drops sharply from here...there is a possibility that precious metals will follow. Precious metals will experience quite a bit of volatility and the gyrations may be tough to handle but I think due to the fundamentals that I mentioned above that a year from now precious metals will be much higher.

gonna go up

Relatively new junior in the gold industry here in Nevada. They are, I believe, the third largest landholders (behind Newmont and Barrick) in Nevada. They have over 100 exploraiton properties. Watching the industry in Nevada grow as gold increases, I think this company is in a good place to make lots of money.

Now that the Chinese stock market is in tune again with other bourses of the world and is going down, oil and gold will not be able to move any higher.