SL1 is probably one of the highest grade zinc and lead plays ive ever seen.(anywhere in the world)
Super high grade at surface and open. Direct shipping ore like this and an issued mining license doesn't get much better. The stock is 78% held by the top 28 holders and we are due a study and some drilling results very soon. The over night action suggests this will print money this year. They also have the money and management to start mining within months. This should put a smile on our faces this year in a good commodities market. dyor
PS
What the hell is under this high grade ore? Some deeper holes are coming in due course.
LIVE FUTURES REPORT 02/01: LME lead, zinc start 2018 in bullish mood; base metals consolidating
Base metals prices were on divergent paths at the close on the London Metal Exchange on Tuesday January 2 while most prices tried to consolidate recent gains.
Zinc was one of the strongest performers today, hitting a high of $3,352 per tonne – the highest since August 2007. Lead followed its sister metal higher, closing up 2%. “Zinc has opened 2018 in a bullish mood; still, falling LME stocks suggest the underlying fundamentals remain tight,” James Moore, Metal Bulletin analyst said. “But the lack of fresh cancelations suggests the market has ample supply for the time being, with continued forward-selling suggesting producers still view gains as a hedging opportunity. While the price trajectory still lies to the upside amid bullish market sentiment, we maintain our overall view that the deep structural deficits...
SL1 Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
