gold - this should be flying, page-50

did someone say $10 a share?

that would value SLR at $1.5 billion.

maybe not as crazy as it sounds, their exploration is targetting 5 million ounces.

5 million ounces x $1550 per ounce - labour costs & exploration/admin etc of say $700.... SLR could have $4 billion worth of gold in the ground!!!

of course that depends on gold prices staying high!

but at present there is equally as much chance that gold is going even higher! some conservative judges are now calling gold $2000 USD per ounce. hand on my heart, one of my neighbours who is employed as a large scale lender for CBA has told me that there is even talk of gold regaining the position of number 1 form of currency in the world. he says $5000 USD per ounce is even being touted.

if that were to happen $10 SLR would not be as crazy as it now sounds.