Australian (ASX) Stock Market Forum

AYN - Alcyone Resources

Love that point and figure chart Country Lad. Picture tells a thousand words.

W D GANN was the master of it and he would have loved the combined trend in AYN and the silver price as it is running now.

Cheers to holders.
 
Watched YourMoneyYourCall on Foxtel tonight and again it failed to excite the commentators this is not the first time either maybe too specititve for them :banghead:
 
Lots of excitement round here, however not a lot of rational analysis.

When people start making quick $ enthusiam can tend to overide logic. No?

I bought this to have some exposure to silver. Soon to be producing, a rising silver price etc

However from what I understand, there SLV grades aren't as good as other emerging producers and there OPEX are also relatively high.

Anyone out there with some better FA?

The market cap of this Co has been rising rapidly.

My question is, does the rising SP now reflect the value of the assets this Co actually has?

I'm not sure, so it's a momentum play for me.

I'll keep holding, but I'm not as Bullish and perhaps a little skepitcal about some of the more recent posts on this thread re: the SP

Happy to be proved wrong of course!
 
Lots of excitement round here, however not a lot of rational analysis.

When people start making quick $ enthusiam can tend to overide logic. No?

I bought this to have some exposure to silver. Soon to be producing, a rising silver price etc

However from what I understand, there SLV grades aren't as good as other emerging producers and there OPEX are also relatively high.

Anyone out there with some better FA?

You are correct, grades not as good as some but they are actually working on production whereas others have some time to go.

What is happening is that the fast rising silver price is making what would be unworkale dirt come to life.

The market cap of this Co has been rising rapidly.

My question is, does the rising SP now reflect the value of the assets this Co actually has?

I'm not sure, so it's a momentum play for me.

I'll keep holding, but I'm not as Bullish and perhaps a little skepitcal about some of the more recent posts on this thread re: the SP

Happy to be proved wrong of course!

You are correct, grades not as good as some but they are actually working on production whereas others have some time to go.

What is happening is that the fast rising silver price is making what would be unworkale dirt come to life.

I used to be a holder of the old Macmin Silver (MMN) which is now AYN and some years back now visited the mine and kept in touch with locals.

There is a lot to any story and I no longer bother much with helping others too much, been kicked down too many times by the new wizz kids who now know it all.

So DYOR. I am very hppy to be holding a full stake in this and with the rise in silver overnight(almost hitting $40 aussie too) this is going to fly today IMHO.

:2twocents:2twocents

ps. .And of course if one says too much as a holder you will be accused of ramping.
 
Lots of excitement round here, however not a lot of rational analysis.

When people start making quick $ enthusiam can tend to overide logic. No?

I bought this to have some exposure to silver. Soon to be producing, a rising silver price etc

However from what I understand, there SLV grades aren't as good as other emerging producers and there OPEX are also relatively high.

Anyone out there with some better FA?

The market cap of this Co has been rising rapidly.

My question is, does the rising SP now reflect the value of the assets this Co actually has?

I'm not sure, so it's a momentum play for me.

I'll keep holding, but I'm not as Bullish and perhaps a little skepitcal about some of the more recent posts on this thread re: the SP

Happy to be proved wrong of course!

So may I ask you have you an exit strategy when it reaches a certain price point! you seem to be not too sure which is totally fine but this can be a bit hard to pick the exit price :2twocents
 
Mining operation info

1.5 Moz at $27 / oz gives $ 40M / yr from the mine, or $21M net.
Hi Mr J,

So, are they debt free? No more dilution? No more cash required? No further dilution at all?

Sorry, it's late for me.

Do they have a JORC?
 
So may I ask you have you an exit strategy when it reaches a certain price point! you seem to be not too sure which is totally fine but this can be a bit hard to pick the exit price :2twocents

Exit strategy? ... This is going to 20c right! :) Just kidding

I usually let a trailing stop take care of that for me.
 
My SL is more of an insurance policy it's set below the trading range, but moves up with each price rise.

I've got one parcel where the stop is now on my buy price so the risk has been reduced somewhat.

The other one was purchased more recently so the SL has yet to reach my purchase price.
 
What are you waiting for :confused: its now .14c as I write this,its the same as people sitting there waiting for it to drop down by 0.005 before they buy!! Mate this is no boat but a bullet train and its an express with no station stops well you know what I mean if announcements come out, .20c is not too far off :D
Looks like it ran out of track! :D
 
Finally grabbed a chunk of this one. With silver hitting $45/oz and first bars expected in May its hard to see a downside with this one. Strapped in for the ride.
 
One of the better silver plays on ASX Imo

Yep, my view too and fully loaded.

Silver already up over 2% this morning.

However, via clients Jpmorgan hold more than 30% of this stock and as with most other p/m's stocks they will continue to try and hold things down IMHO.
 
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