No, never completely sold out although, like most of us, I certainly thought about it! I decided to keep a toe in the water for old time's sake. But haven't had much to say for the last year or so - for obvious reasons!
One of the things I took away from our visit to Parys Mountain ( seems so long ago) was that the future fortunes of AYM are firmly bound up in the world metal markets so I have been keeping an eye on zinc, copper and, yes, even gold.
A little while ago I came to the same conclusion as today's RNS - metal prices are on the up, thanks to world-wide economic recovery - So much so that AYM may soon be ripe to awaken from hibernation, so I bought a few more shares to bring down my average - at least it gives me a sporting chance to make some profit at some stage in the not too distant future - and at the recent price level, let's face it, the SP can't go much lower! .
I will continue to sit on the sidelines and watch with interest, hoping that Parys Mountain will become economically viable by the end of 2015 - that should get the SP back up into the high teens, at the very least... ATB
RNS out tomorrow or Friday, huge increase in reserves ......... maybe
Micon International Limited is now close to completing a detailed review of the mineral potential of the entire Parys Mountain property in North Wales. This review will cover both those resources on which Micon has previously provided JORC compliant indicated and inferred resource estimates as well as studying a number of other deposits and locations within the property that were not included in those estimates.
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