Gold is out of favour and SLR share price has been brutally savaged over past months.
With that background, and a 50 dollar increase in gold, you can't expect an immediate reversal.
I think it will take a sustained increase in the gold price over many sessions and a change in sentiment to the whole mining sector, before you see a marked increase in share price.
Many will be taking advantage of the current rally in the gold price to further off-load shares.
SLR Price at posting:
73.2¢ Sentiment: LT Buy Disclosure: Held