SLR 0.00% $1.57 silver lake resources limited

company decisions

  1. 1,825 Posts.
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    I know a lot have knocked management of late for some very poor decisions which have cost the company money however the only one I can see thus far (and mind you I am a recently new holder) is Murch which was inacted at a higher price. Recently they have rasied money @ 85cents & 60 cents both times the company has traded below that price. Recently they picked the top of the gold rally and locked in a hedge at over $1500 an ounce for ore that has already been mined.

    I feel for those that bought above $1 especially the ones that bought at a few dollars but unless you picked gold to drop to the price it has (in which case you should have sold beforehand) then a big part of the blame has to be on the holder.

    I know I am going to cop flack for this post but just saying things how I see it.

    Happy for CONSTRUCTIVE criticism.....
 
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Currently unlisted public company.

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