margin call?, page-19

yes it looked a bit like capitulation and volumes did spike .
i did buy a little bit today slr looks oversold
but the chart in my opinion still weak and could easy fall another 20%
fundamentally it looks dirt cheap on forward production and forecasted
earnings
but thats just what it is forecasted earnings , a guess !
gold price can fall hard and costs can rise they can miss production nr
most gold miners spend their earnings on digging more holes increasing mine life, but what i do like about slr is that they have a 10+ year mine life and
should have strong enough earnings and cash flow going forward to pay dividends in future if gold just stays were it is
unfortunately very few gold miners have healthy dividends or can even afford to pay them because they constantly have to spend money on increasing their reserves, i have been trading gold and gold shares for many years and normally when you se these big sell offs in gold shares over the board like this the gold price will and tends to follow < most of the time >but the gold shares have already anticipated or priced in the fall or coming fall in the price of gold so the shares might not fall that much they might even start to rise
i think slr is a good medium term buy 1-4 years gold shares is not and will never be a long term buy in my opinion because of mine life issues and rising costs lack of dividend streams .

sorry for gramma spelling errors im from europe originally

cheers