Hi Guys. I'm bleeding more than most. Far too overweight in my SMSF which is looking very sick.
Canaccord conveniently put out a SELL notice on SLR two weeks or so ago. Moving most of their clients into SBM.
Sighted high cash cost and trouble at Murchison with contractor as key points. This coincided with very large short selling program by who knows who.
I understand that Les' response to this is to stun the market with this quarter's production. Of course the weakness in A$ is putting more $$ in the can. Just need POG to hold up around US$1400 (A$1428).
The drill results today even as infill results were spectacular.
We need to hold the line. Its very stressful, but I'm not quitting now or anytime soon.
SLR Price at posting:
68.0¢ Sentiment: Buy Disclosure: Held