I don't expect SLR to trade below $1.20-$1.30 by the time of the merger in June...if the gold price starts to rise again, SLR share price will also rise and could well exceed $1.30. Gold may encounter some minor resistance at $2,045, but should break it if it has any chance of further gains in the near future. Most gold stocks are currently trading lower, but that could change soon...
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Ann: Presentation - Red 5 and Silver Lake Resources to Merge, page-186
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