Does anyone know why Alcyone sold some of it's leases at Twin Hills and who they sold them to. It seem strange that they are cashed up and setting up for 7-10years but selling sections off.
Many thanks for that SilverSanchez. I will look up Invictus. I have little faith and always question the reason and what others have to gain. I have learned to trust only when the people have proved to be trustworthy.
No I was wrong - Cove (CVE) aquired Alcyone's Tally Ho silver project not Alcyone's flagship Twin Hills project http://www.reuters.com/finance/stocks/AYN.AX/key-developments/article/2365002
We thank you for that Silver Sanchez. The ASX shows AYN sold off some leases and our inquisitive minds clicked into gear and came up with a variety of questions / possibilities (and some answers). Just doing a bit of homework before taking action.
SS -I forgot to put the thanks in the correct box. It comes up in the posting section. Many thanks KnK
Nothing that simple Euphoria. We were researching AYN at the ASX prior to making a share purchase and discovered they had sold some leases. My / our minds took us straight down the doubting Thomas trail to wonder why they were sold and who had purchased them. (Who stood to gain) SilverSanchos, kindly informed us it was lease called Tally Ho which turned out to be a bit S/West of Mackay. It seems they were divesting themselves so they could concentrate on their prime lease which would have most likely freed up some capital. We are getting a hang on this forum stuff now. Euphoria, many thanks for your help and cooperation KnK