Something BIG is moving in calm waters, page-14

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Windog

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15/06/18

19:52

Post #: 33747130
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Originally posted by pezsaz ↑

SLR is shaping up to have a huge run in 2nd half.
And OMG, USD on fire, BUT, Gold price bucked the usual inverse relationship and pushed through 1300. Solid solid solid signal. US economy is about to go into overdrive. US Share market will be huge over next 3 months. AUD will be moving to 73 - 70 over the next 6 months. No rate rise on horizon for next 18months. What Reserve Bank & media is not telling anyone is that there is likelihood of an OZ rate drop in next 6 months so will take o/s markets a little by surprise. Above pointe will be supporting resources globally. US and ECB Inflation is unavoidable. So more confident than ever before that Gold will break, or get close to $1400 by year end all whilst AUD continues to drop ...
So let’s line some of that up and marvel at the high possibility of the following by April next year;
- AUD at < 70
- Gold at $1430 USD
- $140m cash in Bank
- no debt
- AISC at <$1200
- with multiple zones producing and mitigating single point risk
- with high grade zones continuing to proven up
- and mine life and resource size continuing to increase
- this is easily going in excess of $500m market cap in time
- and $1.20 by April 2019 !!!

Couldn’t be coming together more perfectly right now. Very very happy with SLR prospects

Cheers
Pez

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I make that a cash backing of around 27c per share.

SLR Price at posting: 59.5¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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Something BIG is moving in calm waters, page-14

Top Stories

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Scientific conference spotlights PYC's work on blindness disease treatment

Sales growth pushes Lovisa's fortunes (and shares) upwards

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

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To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

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Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

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