AYN 0.00% 0.1¢ alcyone resources ltd

big buying is healthy for medium term, page-28

  1. 12,667 Posts.
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    10c first, then pulling away from that "magnet", holding above 20c for a while and then we can dream of more.

    So far all predictions of the silver / gold ratio coming down to 1:40,30,20 haven't come true yet neither the "confirmed supply shortage" by some reports. Silver still travels in the shadow of gold.

    I hold AYN for the hopeful $100 PoS but for other reasons too such as:

    - no environmental complain issues ( fraccing, radiation, spills )
    - Aussie company and no civil war problems
    - no trouble with traditional landowners ( at least no current ones )
    - commodity in demand with the hope of an increasing price
    - great profit margin
    - capable management
    - take off agreement for 50% of production

    Let's hope for some millions stated as income in the
    quarterly and a market that will act accordingly.

 
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Currently unlisted public company.

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