The large cash balance didn’t appear to be used up with the inspired move to control Sugar Zone mine, or the relatively modest buy back. It looks equally inspired to have held onto this powerful war chest. There must be some temping targets coming into play at the current low prices. The next few months could see big changes. whatever the changes turn out to be, we should expect the unexpected from SLR.
SLR Price at posting:
$1.28 Sentiment: Buy Disclosure: Held