now thats a cap!!!, page-16

I am somewhat surprised at this lag when compared to other goldminers. I have looked at SLR for some time particularly when compared to NST. I bought into SLR when the SP fell below parity with NST, so to see SLR now at a 7 cent discount to NST is somewhat surprising. I believe that as POG recovers SLR should recover quicker then say NST as I feel the fall from a high of around $3.90 last year to a low of around 53 cents is extreme. Compare this to say NST which fell from a high of $1.57 to also around 53cents is not so extreme. This no doubt may be partly due to the higher costs of production for SLR hence a more marginalised company with a POG around 1200-1300.
Hopefully this latest widening of the gap between SLR and the others is somewhat temporary as I believe the longer term picture is that SLR should outperform the others.

Disclosure:Am a holder of both NST and SLR.

DYOR