SLR 0.00% $1.57 silver lake resources limited

Why would NST take over a company that is barely profitable.What...

  1. 1,084 Posts.
    Why would NST take over a company that is barely profitable.What resources does SLR have left?
    Nobody is discussing mine life or dollars needed to get the underground that is there.
    There is not a lot left above ground but will stand to be corrected.
    SLR has been mostly about ramping up a company from its CEO and not being able to deliver,that is the fat $3.90 down to $.145 in anyones judegement is a total failure!!!!!!!!!!!!!
    SLR has made statements about the resource that have proven to be totally false Murchison being a classic $100million example.
    So what is left,a shell??
    So many grandious claims of how great this company is but nobody capable of running it at a profit and just bloody lies about the resource.
    They are just hanging on maybe a rise in POG might save them but what value for shareholders and how much resource is left??????????
 
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Currently unlisted public company.

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