True baakie but I'm sure SLR will also have it's day in the sun as mgt turns things around.
SLR on target to produce ~170k oz pa before any ramp-up at Randalls/Daisy Milano whereas NST forecast production of ~360k oz pa BUT with ~$90M+ debt! SLR NO debt.
Sure, NST producing ~twice as much gold around same cost per oz as SLR but with 80M more shares on issue and a M/C of $1.1B compared to SLR M/C of $261M...FOUR times as much!
One of the share prices is out of kilter and I know which one has the bigger % upside.
GOLD and SLR, page-32
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