Wrote a small piece yesterday but had visitors and forgot to post it doh!
Just in reply to Arbroath I thought SLR share register is a bit loose with directors and top 20 only holding 40.6% which leaves ~270M shares floating out there. Be great if another couple of investment houses followed Van Eck and took a similar +7% stake in the company...they're one of the biggest global investors in precious metals.
That could happen down the track once production increases, costs fall, Murchison is resolved in this Q and maybe a bit of drilling success. Sounds a big call but SLR has delivered in the past (only been around since 2007!!) and no reason why they won't come through with flying colours again imo.
SLR Price at posting:
70.5¢ Sentiment: LT Buy Disclosure: Held
