Hi Chawkey, I wish we both had that crystal ball.As we have...

Hi Chawkey, I wish we both had that crystal ball.

As we have discussed, AYN has the best of fundamentals and as we speak, silver continues to climb steadily.

My investment plan has been to follow trends of a particular sector and then try to identify the best stocks in that area. At this time I am first and foremost a follower of the pm's because they are in a long term up trend. Second, I believe in the AYN story.

Silver has increased in value over the last 10 years from around $5 to $35 US, or 700%. There semms to be no reason for this not to continue given the crazy money printing we are witnessing.

The reports from AYN continue to indicate good delivery, so on the trend we ought to see silver no lower than $42 next year. And remember at a $16 production cost the move up is amplified. So if we do produce and sell the 1.5 million ounces as indicated I would be thinking of our share price being well above 15 cents early next year.

The other issue is sentiment. Many conservative investers will not look at a minnow till all the numbers add up and there is a report of money going into the till. So in fact we ought to conclude that a share price well above that would be in order.

Of course the proving up of the increased resources, as we suspect, should comfortably see us above 20 cents.

A double bagger on my current holding would be a good result indeed.

Have a good weekend.