SLR 0.00% $1.57 silver lake resources limited

SVL not performing so well in a very bullish POG...

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  1. 652 Posts.
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    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 .
 
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Currently unlisted public company.

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