AYN alcyone resources ltd

bargain of the century, page-30

  1. 1,182 Posts.
    "So if you buy a silver stock like AYN at 7.5 cents to ride out the silver bull you should be happy if AYN is 15 cents and you double your money with silver well in excess of US$100. "

    What if the silver bull doesn't eventuate? (I find it hilarious how everyone here just takes it as GRANTED. There is a POSSIBILITY that it will occur. A rather likely possibility in my opinion, but there's every chance the silver price action in the future will be nothing like you think it'll be).
    I note that AYN hasn't confirmed mine life NOR has it confirmed a ramp up to the targeted 1.5-2Moz pa. What if financing/mining operations fall apart with AYN? There's a reason it's a spec stock. Yes, it could double, but it could also halve.

    All of your arguments ASSUME that AYN will return fabulous gains. If that were guaranteed, why would ANY OF US even be thinking about selling?

    "Or are you saying you shouldn't buy AYN at 7.5c with the intention of holding it for most of the silver bull market because you have to sell at 15c and "be happy."

    There's a possibility it could hit 15c, come across a Twin Hills blow out and revisit 4c. You can't rule that out as a possibility, just like how I can't rule out Silver hitting $100 this year. Doubling your money is a fantastic return in whatever scenario and for most the risk of holding on (and potentially losing everything) for more money after such a huge win just isn't justified.

    "Or are you saying that anyone who holds a junior growth stock like AYN through a bull market cycle should "take a good look at themselves" for being greedy and not selling when they have just doubled their money? "

    Again, your argument's assuming that AYN has no downside risk. Not the smartest assumption... or am I just an idiot?
 
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