slr oversold?, page-66

matty

SLR did not exist 10 years ago. I think the had their IPO in 2007.

I recall seeing the share price at 14 cents in December 2008, so there is a long way to go before we get near their previous low.

I give SLR an A+ for timing their capital raisings. Both were when the share price had rebounded so they locked in a reasonable price. The timing on the hedge announced this week was also good.

I still think I will see SLR at 40 cents again at some stage. They will still be operating Murch til June so a lot of money down the dunny until then, plus they are just mining their higher grade gold deposits for nil total profit.

loki