AYN IMO has small room to move higher, cash costs are too high by international standards. 15.5 per oz is nearly double the average cost of around 8.5-9dollars. They have a low production rate and a small reserve. Im sure the will find more silver, but at 30POS, they are not worth more than 10cents @ 1.5m oz of AG production rate.
Other than CCU, ARD is all that appeals to me, to be honest.
Im signed up to a few US news letters - mainly Casey research.
SO they have excellent methods valuing stocks, and 50dollar silver gets me well above 1.50.
Hold on to the ride boys and girls, Silver stocks WILL outperform Gold this yr. JUST MO
the safest stock on the asx - silver to shine, page-68
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