SLR silver lake resources limited
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SVL not performing so well in a very bullish POG...

  1. Arh0070
    695 Posts.
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    16/07/20
    22:24
    Post #: 45922335
    SVL not performing so well in a very bullish POG environment.This is due to Hedging which robs the company of the rise in the price of gold on its production .Secondly they are selling their gold production whilst the POG is rising and converting it to cash which is a depreciating asset .People who buy gold miners are believers in gold ,not cash or hedging .This is why the stock price is languishing somewhat .
    SLR Price at posting: $2.30 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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