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0.00% 0.1¢ alcyone resources ltd

re: Ann: Alcyone secures $25m in funding and ... The post from...

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    12/12/13
    22:33
    Post #: 12695272
    re: Ann: Alcyone secures $25m in funding and ... The post from Milesy is spot on. It makes me wonder why they wouldn't focus on getting their existing mine right before making other moves. The profit might be relatively small but the market cap is tiny.

    What I find (unlike others) quite unbelievable is lending a NY Fund lending AYN 25m. Finance for micro caps is near impossible in this climate and AYN get 25m?
    AYN Price at posting: 0.2¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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