AYN alcyone resources ltd
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silver us$43.80 ...

  1. siameseparrot
    24,765 Posts.
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    22/08/11
    08:38
    Post #: 8852442
    And $42.20 Aussie dollar!

    On 15th. July AYN announced to the ASX:

    "Alcyone poised to take advantage of strong silver price, which has risen recently as high as A$37/oz, compared with the Company?s forecast cash operating costs of A$15/oz."

    Silver is already nearly 15% higher than A$37/oz. Looks like the next leg up in silver could be starting.

    I wonder if investors will decide it is time to start loading up in AYN again?
    AYN Price at posting: 5.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 16  Upvote
    lightbulb Created with Sketch.  Great analysis
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