I was a holder of slr but sold out in january but still keep an eye on the stock .A company who is big on the world gold stage called barrick are selling up in Australia because with the costs of labor you cannot sustain a mine and make good profits until the price exceeds 1500 an ounce .this is why slr has remained stagnant i feel.Most mines and small time exploration companies continue to have capital raisings but management never miss out they all get there exorbitant salaries.Costs must but cut if slr is to be competitive including cutting senior managements
wages in half .If management done this i am sure the workers would take a cut and then the mine might make some money .management the ball is in your court show some leadership .i know they have taken a small cut some time ago but that was a piss in the ocean compared to what i recomend good luck to all samtocan
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