Allied Nevada Gold Corp.

"With upward to 12 million ounces of gold and 300 million ounces of silver, I think this is one of the most underappreciated new gold producers in the world. True, a $13.25 stock doesn't seem like a cheap stock. However, keep in mind that with only 67.2 million shares outstanding, its market cap is less than $1 billion, despite the fact that it has such a large gold resource, not to mention the largest silver deposit in Nevada and one of the largest in the world.

That's pretty close to the market cap enjoyed by another favorite of ours, namely, San Gold, which has less than a 2-million-ounce gold resource and no silver, and that has yet to report an operating profit. We are by no means putting down San Gold. It is a spectacle to behold as it continues to find one spectacular intercept after another. But Allied Nevada's Hycroft Mine, which hosts a laterally large-scale gold-silver deposit, is conducive to outlining ounces at a much faster clip than can be outlined from San Gold’s Rice Lake Complex. True, Allied's ounces are less spectacular and require a huge amount of dirt to be hauled around, and that means higher energy costs. But the ability to produce upward to 100,000 ounces of gold this year at sub $400 is very impressive. Even more impressive are the prospects, in my view, of ramping up this project to many hundreds of thousands of ounces of gold per year."
    -   J.Taylor's Gold, Energy & Tech Stocks (12/15/09)

"With 12 million ounces of gold and 300 million ounces of silver and absolutely enormous upside exploration potential and, I might add, with what looks like a profitable operation already in process, Allied Nevada is an obvious takeover target by any number of major mining companies. Its location in Nevada makes it an ideal target. It is my understanding that Allied Nevada has avoided allowing major companies on its property because it feels there is a huge amount of value way beyond its current price of around $12 per share. One person who knows the company very well thinks the market should put a price of upward to $35 or $40, based on what is in the ground now. In fact, the longer-term potential for the company's Hycroft Mine suggests a potential in my view for annual production of over 500,000 ounces per year for many years to come. I say that on the basis of evidence that sulfide mineralization can be mined profitably. Its location in Nevada, where the entire infrastructure is in place, makes this an ideal company for a competitive takeover. And Allied's ability to produce on its own also strengthens its position against companies that might try to buy this company on the cheap."
    -   J.Taylor's Gold, Energy & Tech Stocks (12/11/09)

"Shares of ANV continue to power higher on big volume. This is what happens when you have a company that is in production with increasing reserves, increasing production and a gold price that is on the move. It is a wonderful thing to behold!

For those of you who own shares, keep what you have left to see how high it will go. The higher gold

goes the higher the stock price will go. It is really that simple.

. . .Congrats to all the long-term holders of ANV who patently waited on the company. You are now being rewarded for your patience. If you own shares and have not yet sold any, I would say again, take some profits off the table at these levels.

ANV is moving up the production curve in the red category in the chart. It hasn't yet hit its peak and still has plenty of upside momentum.

Allied Nevada remains a HOLD."
    -   Mining Speculator (11/29/09)

"Allied Nevada Gold Corp. – With upward to 12 million ounces of gold and 300 million ounces of silver, I think this is one of the most underappreciated new gold producers in the world. True, a $13.25 stock doesn't seem like a cheap stock. However, keep in mind that with only 67.2 million shares outstanding, its market cap is less than $1 billion, despite the fact that it has such a large gold resource, not to mention the largest silver deposit in Nevada and one of the largest in the world.

True, Allied's ounces are less spectacular and require a huge amount of dirt to be hauled around, and that means higher energy costs. But the ability to produce upward to 100,000 ounces of gold this year at sub $400 is very impressive. Even more impressive are the prospects, in my view, of ramping up this project to many hundreds of thousands of ounces of gold per year.

The existing 12 million ounces of gold and 300 million ounces of silver are, to my thinking, only part of what is likely to be unveiled at the company's Hycroft Mine, given the fact that this deposit remains open at depth, where gold values are seem to be getting richer, and laterally."
    -   J.Taylor's Gold, Energy & Tech Stocks (11/27/09)

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