Good record breaking report as expected but I was expecting around 200,000oz for 2013. That may be why the sp is not up as much as expected. I got out at 2.72 and 2.74 until I redo my numbers for 2013 and to see how the market reacts to the 2013 guidance. As far as I can tell there is no reason to expect 2014 production to be any different so long term value should be unchanged. On the positive side the profit for 2012 was higher than my spreadsheet anticipated thanks to my costs being conservative. That may make my 2014 numbers conservative as well.
SLR Price at posting:
$2.71 Sentiment: LT Buy Disclosure: Not Held
