An issue imo that investors will need to work out for themselves is, should there be further share price weakness in AYN, whether it is due to sector weakness at this current point of time where precious metals equities are pretty much unloved, or fundamental issues with AYN.
I recall getting tricked by CTO back in the early chaos of 2008, when I believe there was even some forced Opes Prime collapse selling of CTO shares on market, believing it was this and the general market chaos causing a decline in the CTO share price.
This was before it became perfectly clear to me that CTO were not in the near future going to be producing anywhere near enough gold to cover their expenses.
AYN Price at posting:
3.1¢ Sentiment: None Disclosure: Not Held