SLR 0.00% $1.57 silver lake resources limited

Where is SLR gojng to end up?, page-15

  1. mja
    1,347 Posts.
    lightbulb Created with Sketch. 286
    Agreed re: cash being great to have in downturn, especially regarding acquiring juniors. I tend to position for the long-term, so would rather have bargains (low share price) rather than buy backs, to try to bolster share price.

    Share price has halved, but SLRs enterprise value must be down 60-65%. My only caveat is gold price, but happy to be long SLR/ gold stocks/ precious metals spot contracts.

    I have been long crypto currencies for a few years (have sold 90% of position with recent price surge), and movement of tech companies to allocate funds to bitcoin, has cast a definite pall over gold at present. But, the mood can change within a week. So I'm happy to hold and accumulate, with some trading around core positions.
 
watchlist Created with Sketch. Add SLR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.