I think that because the last report was not that fantastic (negative cash flow), people have sold out.....for now. The fact that Les has over delivered on everything that he has said so far, I will be waiting for the 2nd Half of the year, when production ramps back up and the SP heads skyward. Les (in the last report) is still confident of 90-105k ounces, and going on his track record so far, I have no problems thinking that this dip in the share price just presents an opportunity to pick up a few more cheap ones! Look at the fundamentals: No Debt 3Mil Oz resourse (at the moment) Experienced Management etc etc.
an then there is the Murchison....
IMHO
SLR Price at posting:
$1.85 Sentiment: LT Buy Disclosure: Held