Its interesting Shak for I had been trawling goldies looking for potential SLR predators and a post of yours a while back suggested NST (merger?).
So saying I put SLR and NST on watchlist together-just to compare outcomes/anns etc!
Interestingly NST is near year highs and SLR is near year lows (reminds me of the lead up to the SLR-IGR merger actually,fantastic news coming out all the time from SLR management,propelled by that wonderful/informative poster 'sunburntland'-who has now 'retired' it seems),point is NST management are informing Holders whats going on;production updates etc which seems to maintain their SP value in spite of indifferent POG...and SLR?. ..nothing!!!
I have given the management 'grace' to redeem themselves but at the present time lack of 'anything' is worrying (unless 'magic les' is keeping his powder dry!)!
I did ask NST holders what they thought about a merger and a minor issue (imo)was what to do with Les Davis...guess you do what SLR did with IGR board-they are no longer part of the equation!
I don't want it or like it (depends on what price you hold at I suppose)but I can see the merit in Australias 2'nd biggest gold producer taking SLR out!
SLR Price at posting:
38.5¢ Sentiment: Buy Disclosure: Held