Thanks Roka
I agree the fundamentals don’t look flash but I bought this stock about 3 years ago before I read the Intelligent Investor by Ben Graham, I used FA on Galaxy Resources and did really well but sold out a little while ago
Getting back to SLR my buy in price was 30c and it’s turned into a ( BHP buy hold and pray )
I should have had a stop on it at 60c but you never stop learning, my bad.
However in my view I think ( and hope ) that the small correction we had on the DJ early this year is sign of what is yet to come and could be the instigation of a real upward move in the gold price
Hopefully SLR will benefit from this
Your TA was informative and makes me realise the more I read the less I knew
Anyway good luck buddy and everyone else
SLR Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held