AYN 0.00% 0.1¢ alcyone resources ltd

historical chart, page-3

  1. 347 Posts.
    Wait till Silver goes back to $30+ then the 0.004, 0.005, 0.006 yarda yarda yarda sellers will be gone.

    If AYN can produce silver for $17 per oz then making a profit shouldnt be a problem.

    Big problem with the sellers is that theres so many shares on offer, got traders with parcels in the ten's of millions that will continue to dump now and as the price rises.

    Im waiting for the next market release on Perth Mint sales from the mine, that will let us know how they are tracking along and give the market more confidence of AYN being a viable CO heading into the future.

    In todays money the historical high price of silver was $102.79 in 1980, even if the predicted silver run is only half that AYN is looking at a major profit margin on their sales.

    Happy to hold and wait but I do share your frustrations with sellers byron..
 
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Currently unlisted public company.

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