PRH SLR

Ann: Proposed Merger with Silver Lake Resources , page-6

  1. loki01
    11,145 Posts.
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    25/01/12
    10:07
    Post #: 9595425
    re: Ann: Proposed Merger with Silver Lake Res... PRH, RIP

    Welcome aboard the SLR Mothership.

    Can anyone really imagine PRH raising $133m in this market to develop its project? What about the dilution just to raise funds to keep paying for its staff and some exploration?

    There will be good share price appreciation from here on as SLR's business expands to 300k ounces of gold pa, and beyond.

    loki
    PRH Price at posting: 1.7¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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