SLR
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0.00% $1.57 silver lake resources limited

Just looking at the monthly PoG charts.AUD high in Aug 2011 was...

  1. dangar
    5,056 Posts.
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    14/02/14
    12:53
    Post #: 12936301
    Just looking at the monthly PoG charts.

    AUD high in Aug 2011 was about $1840

    USD high in Sept 2011 was about $1920

    If the USD PoG hits $1920 again with exch. at .90 USD thats over $2100 AUD, if AUD drops further to the .80 USD RBA target then we are up to $2400 AUD/oz!

    A new AUD high would correspond to $1656 USD/oz at .90 USD/AUD, and just $1472 USD/oz at .80 USD/AUD.

    I know, I know, pie in the sky stuff at current prices...

    Meanwhile, the 1 min charts are looking pretty strong.
    SLR Price at posting: 71.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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