daily diatribe, page-18

Mgt bungling Murchison is the still the main sticking point with investors imo. Until they prove that changes made start to bear fruit and CR (maybe I should add AP to that) funds have been put to good use, the sp will continue to languish. Not to say they won't surprise in a good way though. Gold was well up last night so it'll be interesting if SLR can hold 35.5/36 and stem the tide of those always wanting to exit.

As a footnote, a $10 increase in POG equates to a $2M increase to the bottom line. What it needs is a $100 rise so we'd be looking at an extra $20M margin. Earnings are currently 14c/share so the sp is ludicrous really and I believe that will both EPS and sp will forge ahead in the medium term.