SLR 0.00% $1.57 silver lake resources limited

Ann: RIU Presentation - February 2013 , page-62

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    Today's headline:

    "US stocks fall on weak economic indicators"

    I am not that sure that the economic indicators were ever strong but the share market has been artificially rallying on hype of a recovery.

    Yesterday's action for SLR was not much fun to see. I held on rather than "trading down" which I have done a couple of times. In 1-2 years time, subject to SLR achieving its goal of producing approx 400,000 ounces of gold pa, is going to be a $5+ stock. Those who bought at $2.10 will be ecstatic, those who bought at $2.50 will be very happy and those who bought at $3.00 will be happy.

    The POG will have a rocket put under it when the true world economic fundamentals are digested by the market in the middle of a major stock market party at present.

 
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Currently unlisted public company.

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