I used to trade and hold SLR since they were just listed (2009-2010?). All that I know is that the company never tells you the full story. They have pumped the stock to $2 or $3 based on incorrect figures and bank reports (RBC). Mr Les Davis bought himself a nice yacht (now for sale). Time after time I was also asking myself: where is all the money!!!
Eventually every news update was a disappointment and the SP went down. Because nobody believed their stories any more. And that is the board to blame and it is the most crucial thing when investing: trust. SLR has lost that trust long time ago.
SLR Price at posting:
36.5¢ Sentiment: None Disclosure: Not Held
