Boy, this has taken a beating over the last few months. After reaching nearly $2.70 back in September 2010, it is now trading about 1/3 lower at just above $1.80.
Can't quite figure this one out.
The AU POG has come back a bit - $1370 is a pretty good price. It looks like SLR is being priced at a very low probability of ever producing more than 100,000 oz pa.
Down nearly 4% today on no news.
Could that be it?
We have been expecting the announcement on Murchison, and haven't heard anything yet. Think it will get the go ahead? Somebody know something we peons don't? Perhaps more resource definition before progressing?
is the thrill gone?
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