spot on Joel. It’s very possible to make money on these cyclical stocks as long as you’re constantly analysing where the value is. Even today there is plenty of big gold miners(that a lot of guys on hotcopper are touting) that are trading at too much of a premium to earnings to justify placing a bet on the company. SLR is not one of these, although some people have become (understandably) disgruntled with the recent share price movement.
SLR Price at posting:
85.0¢ Sentiment: Buy Disclosure: Held
