I was just checking the market caps of some of the most discussed gold stocks on HC. CTO 135 mil IGR 108 mil SBM 291 mil RMS 110 mil and then SLR 89 mil
None of these stocks have anywhere the profitability of SLR, nor the % increase in production in the next 12 months, nor the exploration upside. I believe the MT Monger operation has just scratched the surface of it's potential. My conclusion is that SLR is still significantly undervalued on fundamentals with no premium for resource upgrades factored in.
Cheers Mal
SLR Price at posting:
70.0¢ Sentiment: LT Buy Disclosure: Held