AYN 0.00% 0.1¢ alcyone resources ltd

capital raising - trading halt, page-8

  1. 2,269 Posts.
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    It's not looking great, but let's face it, without the capital raising, it would be even worse. There is not much other choice at this point. I'm just hopeful it's not heavily discounted.

    I can't see this operation going under however. The next two quarter reports will be critical to prove they are moving into cash flow positive production. That will also mean crossing fingers for a rise in the silver price. JP Morgan according to the report, have 17% of holdings, and i'm sure also will not want to see this operation fail.

    You never know, for the risk averse, could be a great time to get in.

 
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