Undervalued at 5 million market cap?, page-7

I was referring to SLR not NST. If you look at SLR's latest quarterly activities report, they have plans to expand their ounces per year by opening opening a new mining camp called Aldiss which includes but is not limited to the Harry's hill, French Kiss and Karonie South. They also mentioned multiple ore sources around the area.

Based on that report, they will start clearing and pre stripping on Q4 this year on Harry's hill. So there is a lot going on in that area. IMHO, since ALY recently got a licence granted in that area ( refer to karonie project), they have highlighted the existing orebody within that licenced area which includes those orebody of SLR. If ALY can drill some good enough orebodies in that area in term of grade and size, SLR might get interested. SLR currently has $69.1 million in the bank and spend around $12 million per year on exploratjon. if they see a bargain why not.Again this is only what i think and ofcourse everything is dictated by the movement of the gold price and the drilling results by ALY. I made a bet on this company and lets see how it will go. GLTAH