with the aussie dollar maintaining its lows at 88.5c. and silver likewise at $US19.50 the half year results as indicated by SDI have to be very good. director buying in late November also gives a good indication of some likely good results.
but I think this is only the beginning of what looks like being a very long run of year on year strong results for SDI.
why ? because BOTH THE AUSSIE AND SILVER ARE ONLY GOING ONE WAY. the price of Gold (which silver follows closely) has now broken below $US1200 and will continue its slide as the US taper of money printing becomes more prominent in the world financial scene. and along side this the aussie with Australia's declining economy is going the same way.
it is a probably about 7 weeks before the HI results are released but its quite possible that SDI will give some more precise indicatiors at a much earlier date.
gk
SDI Price at posting:
73.5¢ Sentiment: LT Buy Disclosure: Held
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