SLR 1.97% $1.82 silver lake resources limited

How long can SLR be regarded as a 'junior' ?? Its been a...

  1. 303 Posts.
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    How long can SLR be regarded as a 'junior' ?? Its been a producer for 10 years and was once a 'mid-tier' gold producer.  SLR must be a 'bull' as the only thing it has produced for its shareholders is BS !
    BOD & senior staff, on the other hand, have gained millions from their 'investment' in SLR.
    juniors seek to reward shareholders with capital growth - SLR has been a spectacular capital destroyer.
    So, if there's no capital growth, from an established producer, then why not dividends.  

    " Juniorminers.com set out to find what the definition of what a Junior Miner was. So we contacted the nice folks at the PDAC (Prospectors and Developers Association of Canada) and asked them for their definition of a Junior Miner Company.
    Their response was this:

    Mining companies are defined largely by the way in which they derive their revenues. A senior producer or operator generates its revenues from the production and sale of the commodity it is mining. A junior mining company has no mining operations and is essentially a venture capital company. It must rely almost entirely on the capital markets to finance its exploration activities [I say "almost entirely" because some juniors derive their financing from private sources]. There is another category: mid-tier producers. These are generally junior companies that have decided to go into production on properties that they have discovered.

    Read more: Junior miners | junior gold companies | junior mining | canadian stocks | canadian gold stocks | gold futures | gold mining | zinchttp://www.juniorminers.com/companies.html#ixzz58qecO5YH
    http://juniorminers.com/miningstocks/mining_stocks.html
 
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Currently unlisted public company.

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