is this the cheapest silver play on asx, page-3

Personally i think that;

CCU is undervalued based on its resource estimates, fundamentals and its placement on the discovery-delineation-production cycle. Probably by a weighting of 20% below fair value.

AYN is overvalued and its profit takers will need someplace to park their money. AYN has 15 million ounces [indicated and inferred] in its estimates and is valued above 180 million. Meanwhile, we have companies such as Aurcana Corp that are producing 1.5 million ounces a year at cash cost of $7.50/ounce and have a resource estimate of more than 50 million ounces valued at 250 million. They will also be producing 6 million ounces in 2012 with the construction of their new silver mine in Texas.

SVL is undervalued by 30% based on its projects, numbers and discovery cycle.

All the above is just an opinion on my part.