SLR 0.00% $1.57 silver lake resources limited

Well, now the merger is complete RBC (SLR corporate advisor) can...

  1. 2,352 Posts.
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    Well, now the merger is complete RBC (SLR corporate advisor) can emerge from the shadows .... price target of 100c ones good except when one looks t the chart .... 75c remains long term support, and 80c remain resistance .... and loyal shareholders have waited 2yrs for the SP to reach the January 2017 high (double head chart formation) .... so whats going to push the SP through 85, 90, 95 and 100c resistances other than a strong gold price ? SLR history (and other stocks) would indicate that profit taking at 84c was smart and those who sold at 88c are very smart.
    Those who bought at 75c last Monday are also agile traders ... but ' hold & hopers' may yet again be disappointed by SLR.
    It would be nice if people with access to mainstream brokers could post the updated valuations and price targets .... forget about the whole report.
    Let's hope the updated resources and production figures are exceptional highlights of the upcoming FY report and for Diggers in August, so another opportunity is there for tired & emotional loyal shareholders can finally abort SLR.

    https://hotcopper.com.au/data/attachments/1503/1503674-483afd8dad4185663e92c1869d998ea4.jpg
 
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