AYN - Alcyone Resources

explod · 14 April 2011

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.

laurie · 14 April 2011

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

ob1kinobi · 15 April 2011

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!

explod · 15 April 2011

ob1kinobi said:
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.

ps. .And of course if one says too much as a holder you will be accused of ramping.

laurie · 15 April 2011

ob1kinobi said:
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

Sean K · 15 April 2011

mr. jeff said:
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?

Sean K · 15 April 2011

explod said:
I used to be a holder of the old Macmin Silver (MMN) which is now AYN.

eeeeek, MMN is now AYN? Why is that? That is troubling for me old mate. On the surface of it, why?

ob1kinobi · 15 April 2011

laurie said:
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

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

I usually let a trailing stop take care of that for me.

Sean K · 15 April 2011

ob1kinobi said:
Exit strategy? ... This is going to 20c right! Just kidding

I usually let a trailing stop take care of that for me.

What is that set at?

explod · 15 April 2011

kennas said:
What is that set at?

I know it may be a bit liberal but mine is a 5% drop on the previous days close and sell at market the next opening.

ob1kinobi · 15 April 2011

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.

explod · 15 April 2011

These old measurements of the Twins Hills project ought to wet the apetites of holders.

DYOR but I think the current share price is well under value.

http://www.asx.com.au/asx/statistic...play=text&issuerId=1788&announcementId=514867

Kennas, you may be able to give us a thought perhaps.

zzaaxxss3401 · 18 April 2011

laurie said:
What are you waiting for 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

Looks like it ran out of track!

ob1kinobi · 18 April 2011

zzaaxxss3401 said:
Looks like it ran out of track!

Seems more like a scorpion to me, plenty of sting in that tail.

laurie · 18 April 2011

zzaaxxss3401 said:
Looks like it ran out of track!

Time for me to top up while tracks are being replaced!

PT Cruiser · 21 April 2011

Fair bit of BOT action going on here today - 1400 shares at a time.

EEE · 21 April 2011

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.

laurie · 21 April 2011

Hit $46 then back slightly down to $45.9 today I think the next major movement will be the announcement we all be waiting for Happy Easter to all AYN holders

http://www.kitco.com/charts/livesilver.html

xenith69 · 25 April 2011

One of the better silver plays on ASX Imo

explod · 25 April 2011

xenith69 said:
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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