Where SLR goes from here will in large measure depend on the next quarterly - a good result in both production and cash reserves growth will reinforce SLR's attractiveness. SAR announced a temporary cessation of all green fields exploration, to preserve resources for the most essential - gold production .... I suspect SLR (and others) will do the same. The growing credit shortage will only enhance SLR attractiveness and bargaining power. I sold a parcel this morning to free up some cash for a very attractive CR in another gold miner. Got a few away at $1.47, but didn't chase it down .... no reason to throw this baby out with the bath water. QE to Infinity will surely continue to drive up the POG.
SLR Price at posting:
$1.35 Sentiment: Hold Disclosure: Held
