Ann: 2017 Financial Year Results, page-104

well that's true SLR is not the only small gold play that's been range bound for several mths now.
In fact there are many stocks that have been potentially held in a very tight range such as MYR and let's hope your theory (which is quiet plausible) is in fact the reason SLR hasn't gone anywhere price wise while the POG has really been performing especially well.

I'm still holding SLR and have been trading it in its current range for chump change, so I'm not overly exposed whatever happens.
If the POG hits reverse I'll be dumping it like a flash!