Mate, I suggest you take a closer look at SLR's performance the last 4 years in what is arguably equivalent to the period of the late 90's in terms of difficulty for gold producers. Despite that difficulty, LT, as much as he annoys the crap out of me due to his arrogance, has managed to generate vast amounts of cash. Look at the damn NPV of SLR. It is beyond absurd. Way beyond absurd and that's one reason for me being peeved off. SLR shareholders are NOT getting true value.
No doubt you will see it the other way, but you are wrong. When you compare SLR's NPV to any other stock in the sector it is ABSURD.
RED Price at posting:
31.5¢ Sentiment: None Disclosure: Not Held