pronounced dead, but silver is still alive

....and kicking. Back to USD 31 / AUD 32.50.

Yes, I agree, I was celebrating when PoS was USD / AUD 40 not long time ago. But at least the 30 mark should be now the bottom, leaving AYN still with 100 % profit before taxes. Estimated P/E ratio at about 4-5, still a great buy, even when the likes of the banks and the big miners trade at an extreme low 8-9 P/E ratio.

As long as the silver producers have the $ 30 as a minimum in their mind PoS shouldn't fall below that even if some paper silver might change hands for less for a few trades.

Just my thoughts but compared to the overall ASX performance over the last year AYN has done very well.

Time to buy more with a "Green Day" on the cards for tomorrow.