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Gold/Mining/Energy : Allied Nevada Gold: Extremely Undervalued

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To: loantech who wrote (9)2/25/2014 6:22:40 PM
From: pstad60   of 20
 
Loantech,


I lisetened into the conference call this morning, came away fairly much neutral.

Company stated that they needed $1250 - $1300 in price of gold to meet their approx $100 million cash flow requirements for the year. They're not in any need of cash at this time

230,000 - 250,000 ounces of gold forecast for 2014 with adjusted cash costs of roughly $850 with silver credits of about 1.7 - 2.0 million ounces. There was mention of the possibility of financing through a streaming deal for later in the year, depending on feasibility study results.

Nothing much new that hadn't already been stated in recent press releases and presentations. Obviously the market felt the same way with today's drop in share price. Nothing much to get excited about at the moment.

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