Hi Scorp, If you take the view that silver will remain at $20/oz, then most silver stocks are likely dead. But I believe silver is heading much higher, as the paper scam unravels and currencies are debased (eg The US Fed has printed $2.284 trillion in new money since August 2008). Based on this, AYN needs to eliminate debt at all costs, even it means suspending production, laying low and sitting it out. I am happy and patient with this scenario, because the rewards will be there when silver is allowed to trade freely. However if directors can convince me next week they can produce at a profit at $20/oz, then maybe production suspension is not needed. For now, we wait and have a good weekend.
AYN Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
