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MIStragic OMG!!! You have uttered the dreaded four letter "word"...

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loki01

10,469 Posts.

155

05/03/18

17:10

Post #: 31536421
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Originally posted by MIStragic ↑

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 | zinc http://www.juniorminers.com/companies.html#ixzz58qecO5YH
http://juniorminers.com/miningstocks/mining_stocks.html

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MIStragic

OMG!!! You have uttered the dreaded four letter "word" PDAC.

That will now surely bring down the Wrath of Khan upon the denizens of SLR and all inhabitants of Goldieland.

The PDAC Curse has stalked Goldiland over many decades. Falling victim to its malevolent powers can only be avoided by human sacrifices of virgin and newbie goldiebugs that are required to hold the chestnuts (shares) during the times of strife and woe, until they fall on the battlefield in fear during a final cataclysm and allow for more worthy and stronger warriors to collect them to carry on the never ending battle between the fiat pagans and the holy goldiebugs.

loki (PDAC is happening now - aaaarggh)

SLR Price at posting: 35.0¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

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MIStragic OMG!!! You have uttered the dreaded four letter "word"...

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