I am new to this forum as I am just developing an interest in silver as an investment.
I was hoping someone on the forum could direct me to any AYN announcement that indicates the projected costs of producing silver bars.
I did notice in other posts the investment in AYN by JP Morgan. At what price and when did they gain their interest in AYN? Cash investment from merchant banks does help companies develop their interests, but it does appear to come at a cost. IMHO banks want a return in the short term and tend to dispose of their interests quickly. This reduces the risk of their investment. The quicker they can dispose of their assests the quicker they can repeat the process and the greater the return for their shareholders for the year. This process does seem to limit share growth during the time the bank is exiting from the stock.
There is one advantage and that is it gives investors time to invest or increase their investments.
Cheers
AYN Price at posting:
5.1¢ Sentiment: LT Buy Disclosure: Not Held