I am looking for a nice little earner.
But I am far from thinking fundimentals are great.
I doubt there is any money to be made at a gold price at $1600 AUD
There are goldies that will make good profits with gold at $1600 AUD
The only thing good about SLR at the moment
is they are oversold.
I wouldnt bother holding at over 50 cents.
Really something must be done
They just cant keep treading water
They Either look to purchase some assets
Even with a CR.....These guys dont like to borrow.
Or look to merger or sell out.
The are not serving shareholders by sitting on thier hands.
Cheers
SLR Price at posting:
39.5¢ Sentiment: Hold Disclosure: Held