Smart dude How much of the all in costs is D and A which may not impact cashflow There is profitability and there is cash flow I think stocks like SLR have been hit hard due to immense leverage up and down to the gold price. SLR could be a fantastic buy ( even if gold stabilises at 1450) or Still expensive if gold was to fall to 1200
Its testing to reenter but I am debating whether it's best to enter this a leveraged play of something like RRL or NST which have more margins . If gold recovers it will outperform as its pod profile will drive revenue but if it under performs greater capital preservation likely in the other two
SLR Price at posting:
$1.03 Sentiment: None Disclosure: Not Held
