at $2.77 the cheap entry into slr ..., page-3

Reiner,

Only my own I just mentioned in my last post.
Around $4 using a flat $1600 gold price and $4 should be conservative. My spreadsheet was very conservative on 2012 results. I prefer it that way.
Also plenty of potential for positive "surprises" to come out post merger.
I expect POG quite a bit higher than $1600 for 2014, so I have little doubt I will be increasing my idea on fair value quite a bit along the way.

I too will be interested to see what the broker analysts come up with.