From my observations its almost a mirror opposite.. the entire junior gold sector has been under sustained attack to this day and SLR had performed at the lower end without doubt.
Cast your mind back to the Van Eyck Slow motion pump and dump.. buying the entire index and six months later dumping it all down.. these types of market making front runners completely controlled the entire sector and IMO have done some serious damage to confidence and sentiment.
Im thinking about quiting gold stocks altogether.. so much resistance against goldies moon shooting as it sends the obvious message to market the fiat system is broke and the repercussions will be in full effect as price inflation creeps through in commodities and materials stocks.
I got into SLR in 2015 around $1 but also at 18c so very much a long term holder and have seen the peaks and troughs.. my beef has always been the lack of correlation to the actual commodity we SOLELY mine.. for this disconnect to be as obvious as it surely must be to everyone it is anecdotal evidence the discovery mechanism of the market is broke.. no demand / supply equilibrium here = physical gold, the only way not to get fleeced by the market makers.
SLR Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held
