Are you guys in the following camp regarding timing entry?
Momentum (buy with everyone)
trend following (buy high sell higher)
buy low sell high (buy when crowd selling)
Each has their benefits and weakness. You either catch the bus before everyone else then sell it to them at the exit points and not wonder if it gets to the ultimate destination or you just get on when you see the crowds jamming the small entry point OR you wait then decide that the bus is quite full so it must be leaving.
Have a look at the POG, stuck in that range so valuation is neither here nor there as far as I can see.
That AISC is also deceiving on first pass. The number of mine closure which I assume they are cost cutting thus not much expenses left for exploration so this figure can only go up as POG falls.
SLR Price at posting:
44.5¢ Sentiment: None Disclosure: Not Held
