SLR 0.00% $1.57 silver lake resources limited

80c looks like the target to me and I am not trying to...

  1. 168 Posts.
    80c looks like the target to me and I am not trying to down-ramp. I am a long term holder of SLR since 20c and have paid as much as 2.15 for some of my holding. I will be holding on.
    The momentum in the gold price decline was nothing short of amazing and the 11 month cycle low for gold is due anytime in the next week or maybe two at a stretch. That might present an opportunity for a retest of the 1321 low and hopefully a higher low with some positive divergences. Once gold has made its low (some chance it has already), I am hopeful of strong gains over the following 16-18 months (especially relative to general equities).
    I won't be buying any more SLR as I am already overweight as I was a holder of IGR as well (pre takeover). Saving the powder for more physical in case we see 1200-1250 pog.
    Fingers and toes crossed.
 
watchlist Created with Sketch. Add SLR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.