AYN alcyone resources ltd

patience, page-22

  1. 4,301 Posts.
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    Yes can only be all good Chawkey and that type of sudden takeup would suggest an announcement is close.

    In knowing the Twin Hills story for 9 years now I do expect the upgrade resource results to be good with a mine life going out to 10 years and I would also feel higher grades could be on the cards too. The latter I suppose is a bit of hope perhaps, but an old timer up there told me there was high grade ore there. He at the time offered me partly refined silver blocks and was sorry later that I did not purchase one to have checked. However I checked his bona fides with others and he was genuine.

    Takeover possible but think a raider would wait for a bit yet and thier accumulation would not in my view be as sudden as this.

    The resource upgrade news is more likely to be known via the testing process outside of the Company. So that's my hunch.

    Think we will soon know.
 
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