Chart About to break upwards?, page-118

Hi Guys,

I hope people are buying these fire sale prices.
People are scared to death, selling out at any cost.
I am so so thankful to these sellers. Love you guys.

I ...Lak...Tilberlake.

I had a target range from 55-51 but it has been driven down hard.
I really didn't expect to pick up at .475 but I did today and am accumulating from 51 downwards.
Next buy will be at .45 and if they drive it down to .41, then I'll have to buy with my last penny.
It better not get there.....will cause me tremendous pain as I have already accumulated quite a bundle.

How low can this go is the biggest question.
With a Enterprise Value of 120 million already......anything below will be touching 100 million which means the company will have more cash in hand then its Enterprise Value. It happens for stale companies but doesn't happen for a producing company with reasonable margins and growing cash balance every quarter. Very rare.....and is highly unlikely to stay that way. People will sniff this bargain very soon.
Worst case scenario SLR will make 35 -50 million dollars a year in net profit at this gold price. ( Or more if any variable changes in its favour). My back of the envelope estimate......experts like @pezsaz, @nordesmic and @ozpolarbear will have better assumptions.

I lak....Tilberlake.
I lak....Tilberlake.