SLR 1.97% $1.82 silver lake resources limited

The total lack of impact of this "Investor Update Presentation"...

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  1. 303 Posts.
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    The total lack of impact of this "Investor Update Presentation" reinforces the notion that big investors are not impressed or interested. Meanwhile SAR goes from strength to strength with a market cap almost x10 SLR despite only producing x2.5 more gold ..... admittedly SAR has lower AISC but .... it only goes to show how important this merger will be for both SLR & DRM .... only greater size and liquidity will make SLR investment grade, and hence a must buy for institutional investors.
    DRM's quarterly was OK but not spectacular, and the lack of SP movement is stilling blamed by DRM non-mergers on the SLR nexus ... sigh.
    Leigh Junk joining the SLR board means SLR has an in house replacement for Cool Hand when he finally takes a less demanding role ... maybe he could merely swap positions with LJ ??.
    Pattersons have started promoting BRB (lock up your daughters) which is so close to SLR to make SLR the natural acquirer but SLR seems unimpressed ?? DRM is solid and safe, if unexciting .... perhaps post merger, exploration will go into overdrive and production will ramp up (?), and the SP will get out of the "undervalued" cellar .... lets hope so. I fear that until SLR is acquired by a big mother who can use its tax losses, the locked up value will continue to be denied to ordinary shareholders, who will continue to suffer no MC growth and no dividends .... which will make SLR a nonsensical investment.
 
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