mines and money conference presentation, page-3

Yes lots of nice pictures not so much on profit margins..

I've seen so many start up producers fall-over during this booming Gold/silver market...just about everyone would try and hide the true facts i.e economics of the operation..i.e lots a pictures, big exploration talk(usually backed up with small drilling projects I know of micro-cap with a planned 70,000m of drilling that already has a monster resource 6x to the AYN 300koz gold equ yet is worth peanuts to AYN )

-now if silver goes to $60oz+ (while gold stays still) i could see potential in AYN
but otherwise i need more than "It's so cheap ...please why is it cheap at current levels why is it a buy when it's running out of cash and hasn't made a profitable Qtr ??