ALCYONE Resources (AYN)

Discussion in 'Stocks & Derivatives' started by SilverSanchez, Feb 17, 2011.

  1. SilverSanchez

    SilverSanchez Active Member

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    Hey guys,

    Yes I'm new to the forum.

    Wondering if anyone is holding Alcyone - seems the other silver stocks have reps.

    AYN seems to be the 'black sheep' of the silver family although had a good run last couple of days.
    I'm noticing these silver stock raises are getting good supports and looks like they will hold for now.
     
  2. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

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    To many capital raisings (at non optimal return) and not enough grunt shown from management for this one to stay on my radar when the others have more going for them.
     
  3. Silverrider

    Silverrider Active Member

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    Ayn is a buy..joshrichy..it has broken out and will continue to climb....heavy volume is a good sign..good luck
     
  4. SilverSanchez

    SilverSanchez Active Member

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    It's broken above 5c
     
  5. Silverrider

    Silverrider Active Member

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    Good volume again today for AYN.....JORC. Due any day..
     
  6. SilverSanchez

    SilverSanchez Active Member

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    JORC has been due anyday for months :)
    AYN have a PUT opion on 770,000oz of silver (strike price $27)

    Is this good managment or represemtative of fear in managment re silver price? I dont really understand what that PUT means, can anyone interpret for me?
     
  7. PerthStack

    PerthStack New Member

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    Yes, this is a good idea. About 6 months of expected production, a nice guarantee for start up, one less thing to worry about. All subsequent product will be sold on the market as I understand. If they hedge the lot, I'm out. I am in this because I expect the price of silver to boom, and want to get the multiple gains possible with this scenario. I'd hate to watch my share price sit stagnant while silver goes to $75, because the company sold all production for two years at $35-40. if I want safe, I'll stitck with BHP shares.
     
  8. SilverSanchez

    SilverSanchez Active Member

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    Thanx, I reduced my possition. If it pulls back to 0.047 ill buy more. I like AYN because of silver, and hopefully they will be the first australian pure silver miner to reach production in Australia for this bull market. Because of that I'm expecting increasing interest over the next 6-12 months.
     
  9. hawkeye

    hawkeye New Member Silver Stacker

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    Now at 0.066. Glad I picked up this one. Percentage wise it's only behind CCU for me.
     
  10. Silverrider

    Silverrider Active Member

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    ayn is hot at the moment..
     
  11. SilverSanchez

    SilverSanchez Active Member

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    AYN is hot at the moment, but its in a mini bubble shouldnt be higher than about .075 - 0.08
     
  12. hawkeye

    hawkeye New Member Silver Stacker

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    This one's going great atm. My best performing stock now, just ahead of CCU.
     
  13. BisonTHEdestroyer

    BisonTHEdestroyer New Member

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    Thought i would of never seen the day where AYN has pulled off such a performance AMAZING !!!!
    knew it always would, but man this is great!!
     
  14. jezzarayman

    jezzarayman New Member

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    .092, sure is going for a run!

    Nice to see SVL up aswell, currently 12%
     
  15. Silverrider

    Silverrider Active Member

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    Someone get me a hose AYN is on fire...
     
  16. PerthStack

    PerthStack New Member

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    Just watch the profit taking when it hits .10
     
  17. PerthStack

    PerthStack New Member

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    Lol, they just got asked the question why the price and volumes have jumped so fast. The answer was that silver just hit a 30 year high.
     
  18. NiGMa46

    NiGMa46 New Member

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    where'd you hear that?
     
  19. perthsilver

    perthsilver Member Silver Stacker

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  20. Silverrider

    Silverrider Active Member

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    Ayn getting hotter..
     

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