GW1 1.69% 5.8¢ greenwing resources ltd

bsm vs ayn

  1. 1,365 Posts.
    lightbulb Created with Sketch. 54
    Well, AYN (formerly Macmin) has almost doubled in the last fortnight or so, and looks to be heading higher.
    Their rampers are out in force....check the AYN threads.
    I was in Macmin a long time ago.....it was a farce.

    They are hoping to have EBIT of $50M and have just started production....
    similar to BSM in that regard.....
    Their M/Cap is 182 and rising, ours is 80 and stagnant.
    We have 3 times the silver reserves...
    at double the grade....

    they are crowing about having 600m of inground value....we have about 8 times that.....oh, and we have a track record of making profit unlike Macmin. They have 1.3 Billion shares on issue....a few consolidations was it?

    newbies on the board are doing their calculations excitedly with expectations of silver at $100....i prefer to use $35 like Mike does.


    I sometimes think it would be easier to just follow the herd with the flavour of the month than look for actual value......sigh.

    patience..
 
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