Just as the Gold spot price in AUD starts to tank back towards $1600 -- we get a small green day, maybe a dead cat bounce? I know SLR lost all correlation to spot as support wiltered.
Don't see the ASIC improving much in the short term.
The hedge made this safe on paper but stock market hates it (heaps!)
The operating and management need Gastric Bypass surgery or the stomach staple.. else well market will continue to purge!
SLR Price at posting:
34.0¢ Sentiment: None Disclosure: Not Held
