chart please, page-18

All good John.
Fair comment on what might signal a reversal, but we did have a strong rise in volume yesterday and it closed off its low and is 4% up again today.

I basically disagreed with your comment about SLR underperforming gold being a cause for concern considering its strong out performance of its peers.

In the past 5 or so years that underperformance of gold stocks is almost certainly mainly due to extraordinary rises in capex and opex.
I think growth in these is set to at least slow, while I think POG will continue its long term rise.

I therefore see the gold stocks as entering a new phase of better performance and SLR should continue to outperform based on its fundamentals and strong growth for the next few years.

The wild swings in the price have meant very little with regard to any significant changes to fundamentals of SLR (other than the long term rise in price reflecting growing resources/reserves/mine life and cash flow).