SLR 1.97% $1.82 silver lake resources limited

Congrats Flaming. Well done mate Chotachetam, I'm glad you held...

  1. 211 Posts.
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    Congrats Flaming. Well done mate
    Chotachetam, I'm glad you held in mate. I stated back in march several times this will be .70c to $1.20 by May 2019. I stick by this. And am tempted to increase this forecast but not yet. My sell price will start at 1.10 but I will keep a watching brief as this may change to $1.30+
    USD index is at 93.3c and gold is holding firm at at $1310. AUD at 74.3c. Both gold and SLR is setting up for a major reprice. What gold is doing right now is huge imo
    We are in a great space with this stock. Read my earlier posts why. Close to $100m in cash. No debt. Extended mine life. Only $300m in market cap. And we should be adding around $80-$100m in cash per year to current cash position. Think about that !! That's worth an extra 30c a year in share price alone
    If it pulls back to 50c I will buy significantly more
    Cheers
    Pez
 
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