Lead portfolio manager at Dynamic Robert Cohen reveals his investment philosophy with Gold Investing News, “I never favour additional volatility. I do not associate stable companies however as always having less volatility. Plenty of producers have earnings misses, production issues that also lead to volatility. Meanwhile, exploration companies have no earnings, and therefore, can in fact, have less volatility.”
Allied Nevada Gold Corp. (AMEX:ANV) announces the metallurgical test results of 38 additional composite samples from its wholly owned Hycroft mine located near Winnemucca, Nevada.
Nevada is home to the Carlin Trend, North America's most prolific gold-producing area and the second-largest known gold resources in the world after the Witwatersrand in South Africa.
Nevada is home to the famous Carlin trend, one of the top three gold fields in the world. The Carlin and other mines along the trend pioneered the method of open-pit mining with cyanide heap leach recovery that today is used at large low-grade gold mines worldwide. The state is also home to other prolific gold trends, including the Cortez.
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