>As regards SLR's capital raising, that was at 85 cents. I remember it well because I had bought in at a higher price and was very happy to sell early on the open just above my entry point. So many SLR holders where cheering their capital raising that I had to laugh - SLR was in trouble so it raised funds. I suppose the SLR SI will eventually get their money back if the POG heads up to around AUD1550.
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I was about to tear your head off but Loki when I read you telling people to be careful of companies that do cap raisings for other things other than production increases but then I read this post of yours.
I think that so many people will miss the boat with gold this time around because they will be too scared to dip their toes.
SLR's share price averaged $2.20 when the price of gold was A$1550 ;)
placement at 47 cents looks ok, page-29
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