Allied Nevada Shares Expected to Reach a New High

The Mining Speculator (02/18/2009)
"Shares of ANV are over the C$6.00 level once again after a bout of profit taking in January and early February.

The company has not had much in the way of news lately but mining operations continue to move forward. With gold prices looking to break out to a new high, I would expect shares of ANV to reach for a new high as well, probably in the $7.00 to $8.00 range. If that happens I would take some profits.. ."

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