AYN 0.00% 0.1¢ alcyone resources ltd

asx silver stocks.. .. rare as hens' teeth, page-4

  1. 24,765 Posts.
    After today's close at 6.6 cents AYN only has a market cap around $84 million.

    AYN is fully funded, moving to low cost silver production this year with a current anticipated cash margin of about A$20 an ounce and with full exposure to the silver price upside.

    We have a resource upgrade due which might surprise and plenty of blue sky exploration upside - not to forget a silver price which imo is bound to take out its 1980 US dollar spike high of about $50 and move on to new dollar highs. US dollars are worth much, much less today than they were 31 years ago.

    Compared to ASX listed gold equities, there are only a handful of ASX listed silver stocks. Investor buying demand for this heating up silver boom will crush the sellers imo.
 
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Currently unlisted public company.

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