Allied Nevada Gold Corp.

Allied Nevada Gold Corp. is advancing gold exploration and development projects in Nevada. Its 100%-owned flagship, Hycroft mine, is currently producing at an annual rate of ~100 Koz gold and 300 Koz silver. The company has begun an oxide-expansion project to increase production to >300 Koz gold and 1 Moz silver. The low-risk, high-reward project aims to more than triple production by 2013 and maximize extraction of the current reserve estimate of 2.4 Moz gold.

Expert Comments:

Jay Taylor, Gold, Energy & Tech Stocks (1/23/15)
"Whether it's reserves or any metric you care to name, there is no single property in Nevada that quite compares with the size and projected annual gold-equivalent production of Allied Nevada Gold Corp.'s Hycroft property. . .the bottom line for me is that the company is a dramatically undervalued stock and thus needs to be purchased. . .for now, you may want to take advantage of a still undervalued gold stock."

Jeff Wright, H.C. Wainwright & Co. (12/22/14)
"We are initiating coverage of Allied Nevada Gold Corp. with a 12-month price target of $2.00. We believe the company presents an intriguing investment opportunity at its current valuation in offering exposure to a mid-tier gold producer in a safe and stable jurisdiction. Furthermore, we highlight its large-scale Hycroft mine as well as its significant leverage to both gold and silver prices. . .the Hycroft mines has multiple advantages, including operating in central Nevada, superior existing infrastructure, and the ability to expand if the precious metals markets improve. . .we view the gold-silver production mix as an advantage."

Ben Kramer-Miller, Seeking Alpha (11/5/14)
"There is an opportunity in Allied Nevada Gold Corp. shares. . .the risk/reward favors the bulls at this point. . .there is simply too much upside potential for investors to ignore, now that the shares trade at just over $1. . .everybody, management included, knows that a big move is coming, and we've seen how such a move can generate enormous value for those who have the courage to step in and buy the shares now."

Resource Investing News (11/2/14)
"Allied Nevada Gold Corp. has plans currently in place to expand the Hycroft project. . .a recently updated feasibility study projects that the mine will produce an annual average of 22.9 Moz silver for the first five years following the expansion. . .the expansion plan involves creating a milling and oxidation plant to process sulfide reserves, along with the oxide reserves that the company currently mines at the site."

Trevor Turnbull, Scotia Capital (7/14/14)
"Allied Nevada Gold Corp. reported Q2/14 gold and silver production of 56,864 oz and 481,151 oz, respectively (sales were in line with production). The company appears well positioned to meet its annual guidance of 230250 Koz, especially with the crusher now able to deliver a significant portion of material to the leach pad."

Michael Gray, Macquarie Capital Markets (5/6/14)
"Upcoming catalysts for Allied Nevada Gold Corp. include filing a prefeasibility study in May 2014, Q2/14 results in August 2014 and feasibility study results in Q3/14."

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