AYN 0.00% 0.1¢ alcyone resources ltd

big buying is healthy for medium term, page-36

  1. 1,730 Posts.
    This thread is off its head!

    $1000 silver???? $.80-$1.09 AYN???

    Fundamentals or fantasymentals????

    Meanwhile back on plant earth we have AYN with a total resource in all categories(measured, indicated and inferred) of just 15,109,000 ounces.

    Australian(not US) silver price is $31.87/oz.

    AYN has a total inground resource of $481,523,830(15m x 31.87)

    A share price of 34.5 cents would equal the market cap and inground value of $481m.

    Seriously how can you value a company equal or greater than its resource? Are we getting it out of the ground for free?

    It would be best to read the quarterly first before making investment decisions. I think it will surprise you guys how little cash AYN are/aren't making.

    IMO there is no value in AYN.

    Dream away.............



 
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Currently unlisted public company.

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