How high can SLR go to?
It’s obviously impossible to predict but I think $1 is certainly possible even a lot more it depends on many factors
Things like resource upgrades, efficient mine operations lower AISC but most of all perhaps a real correction on the DJ causing a chain reaction with a big spike in the gold price
I’m hoping some of these things happen preferably all of them with a bit of luck the planets can align and one to two dollars could follow.
I’ve been playing this game for about 12 years now and done pretty well, but I usually don’t like to make predictions so many surprises have come along some good some bad but I always like to be realistically optimistic
I read something the other day that Charlie Munger said :
You get rewarded when you deserve it
SLR Price at posting:
56.0¢ Sentiment: Buy Disclosure: Held