AYN 0.00% 0.1¢ alcyone resources ltd

Ann: June 2012 Financial Statements , page-10

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  1. 539 Posts.
    Jantimot, I thumbed up both your posts, however there must have been plenty of thumbs down on them already. People just don't like hearing opposing views when they are invested.

    Agent not sure how long you've been watching this one, however being a longish holder (not as long as Jantimot) I've also got a bitter taste.

    The problem with this company isn't when silver is at $100/oz. Sure every holder is going to be more than happy if and when that happens.

    The problem is when silver is under $30 and management sit in their plush offices raking in all their options while the company struggles to survive (see latest CR after we were already producing).

    In any case my argument with this one is that there are plenty of better ways to leverage silver IMO. Compare the numbers with PGI, for example.

 
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