SLR silver lake resources limited

highly leveraged play on aud gold price ..., page-49

  1. 11,147 Posts.
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    AJ

    Congratulations

    It looks like I was wrong.

    I thought it was the analysts' reports that were doing the spooking, but it seem you have the ability to move mountains here. As a shareholder (which I am not at present) I would be spooked if my broker put a price target of 40 cents on SLR, unless I was confident about my ability to value the shares much closer to its current level.

    But I would be doubly spooked by the fear of the USD POG heading down to 1000/ounce, especially as the POG has failed to maintain a break above USD1250.

    loki
 
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