Luke seems to think low dollar is a good place to sell. The SLR holders on HotCopper would have you believe the sp will be 1.30 next month and $2.00 by the end of the year. I think I'll go with Luke's gut.
There is probably some irony in that statement though as the EGA BOD would have me believe my EGA shares are worth as low as 24c.
If SLR SP does not start to rise soon then I would guess the 4% of SLR SHs (excluding BOD and LSX) who have accepted the TO so far would reverse their decision. I'd say LSX would be thinking the same but it's hard to know due to the inter-relations with the BOD.
EGA Price at posting:
30.0¢ Sentiment: Hold Disclosure: Held
