AYN 0.00% 0.1¢ alcyone resources ltd

ayn is one of only four silver stocks on asx

  1. 177 Posts.
    So if silver continues its climb so should the stock. Further announcements on drilling and silver reserves are due out. This company was also one of the biggest pure silver producers in the country until operations were monthballed due to very depressed silver prices a number of years ago. The company has a plant and processing facility already setup. (in caretaker mode) maintenace is being done on the facility as we speak and is being readied for full production to commence in the not to forseeable future.
    This stock should get alot more attention if silver stays at present prices. If the australian dollar drops the beniefts are even better still. Increases in further silver reserves from further drilling expected. Production facility already there ready to go. If silver breaks the $36 dollar USA barrier then its on to $40 and $50 and so forth.
 
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Currently unlisted public company.

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