With regard to takeover I would be the first to pick NCM as they really need a boost of some kind, management there really haven't done a great job and they need to distract shareholders with something, they have been underperforming for a long time, here's hoping. Using history as a guide most companies seem to wait for a really high gold price and they like to overpay and never really seems to work for some of these larger type acquisitions. In saying that I must commend our BOD, whom I have bagged previously about sitting on their arses with all those funds, boy haven't they suprised us, what a great move the buyback is and perfect timing! Well done BOD, hopefully harte will be a performer also!
SLR Price at posting:
$1.55 Sentiment: Buy Disclosure: Held